Dewey Fernfield
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
The statements, views and opinions expressed in this column are solely those of the author and do not necessarily represent those of this site. This site does not give financial, investment or medical advice.
You are making assumptions about the future by looking in your rear view mirror at the short term cycles. That is not necessarily accurate. The economy is circular, there are short term cycles, and long term cycles, and the operate very differently. At the end of a long term cycle, when the public is flush with assets purchased with credit, as they are today, it is the perfect time to collapse the economy, and to collect those assets from the public. That is what happens in long term 4th turnings. Long term cycles are about 80 to 100 years. The… Read more »
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