Thread: Economic `Armageddon' predicted
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Old 11-24-2004, 05:15 PM
Il_Mostro Il_Mostro is offline
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Location: Sweden
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Default Re: Economic `Armageddon\' predicted
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Eventually there will be a recession. There will be one bigger than the recent one, which was actually very tame. If he predicts one now, and keeps predicting it, eventually he'll be right. It may take 10 years, but eventually he'll be right.

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Obviously I agree with that. But I also believe there is a distinct risk that we are facing a complete meltdown of the world economy. And if oil production peaks too soon, I'm sure we are.
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