It could very well be that we don't get that relapse. Going "against the fed has been profitable in the last few years, I was called quite some colorful names in January 2001 when after wo feds reduction I went against the grain (don't fight the feds) and called fr a disastrous February...
Nearly 40% of the total world population is going to beocme middle class over the next ten years, albeit the Europeans are going to have a reduced income and poverty that has been unknown there for 50 years the East is resurgent after nearly 200 years and it is going to provide a massive amount of growth in the upgonig economies.