Davos Annual Meeting 2011 - The Global Economic Outlook

[starcorpvncj]

Amazing. Looking back a year I see all these highly paid clowns again predicted things completely wrongly. This is why we are in the mess we're in now. They actually thought the massive stimulus raised on yet more debt would fix the problem. Any schoolboy knows you cannot borrow yourself out of debt in an environment of low demand. We will soon, by May 2012 go into a deflationary (not inflationary) led recession. See YouTube site: watch?v=eR5JmepduiQ&feature=co­like for a much better view.

[khanpathan2008]

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[tanyamuriyan]

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