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Why this recession won’t be that severe
If I’m wrong, though, the battle will indeed have a bad ending
I’ve been very accurate in my ‘big picture’ forecasts over the years. Nine years ago, in 1999, I wrote a book Riding the Bear – How to Prosper in the Coming Bear Market. In it I said the market was in a bubble similar to that of 1929, and the worst bear market since that of 1929-32 was just around the corner. I was told that was ‘dinosaur-thinking’. The popular book of the time was Dow 36,000. But, a few months later the severe 2000-2002 bear market began,…
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