George Soros has stated that all major BUSTS and BOOMS have one common denominator and that is a major political shift.
He stated that if Bush was re-elected the political shift to the far right in economic and military policy will be the kiss of death for the U.S.
The event is NOW official.
So i now give a rendering regards how highly i respect this man.
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George Soros, i have been studying the man all the way to his birth and also intently his 50 year career in the financial world.
On checking his track record plus the deep depth of his innate intelligence there is no question in my mind he is one the most intuitively brilliant man of our times.
To bet against Soros view of the future economic at this time i view as an exercise in arrogant stupidity.
That he believes the U.S. is now headed to a blowoff topping and then slow slow bleed commencing in 2005 that will accelerate in time to a massive hemorrhage that can only be, to use his words, catastrophic, are words that i feel bulls full of their own sense of rightness and intelligence will mockingly laugh off.
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The thing that gets me is the old saw "well people have been talking about a great depression again for so long."
Well to them, i haven't, i have just been saying It Is brewing, the clock is ticking, but i have not named the time.
I will now set my clock alarm for 2010 for the globe falling into a dark hole it will take at least 30 years to rise out of---- it will be a time that can only be describes as castastrophic.
Welles, as i toast to our great future--
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