That will take us to 2012

December 18, 2008 at 5:02 pm Leave a comment

Authored by Garth Turner — Greater Fool – The Troubled Future of Real Estate

So, first we have a deflationary recession, lasting maybe two years. Then, as the recovery takes hold, as those trillions need to be repaid and as the world is awash in liquidity, we get inflation, probably severe. That will immediately start reflating real estate and oil and Vespas, and cause central banks to ratchet up interest rates in order to choke off too-rapidly rising prices.

That will take us to 2012. Ask me then what comes next.

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Entry filed under: Personal Finance.

Expect these things to happen in following 3 years The Investment Clock

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