The Upcoming 25-Year Great Depression Start in 2015

Is it true that 25 year great depression is heading towards us in 2015 start... I found one article on ... 25yeargreatdepression site ... I hope this won't happen... What you guys think on this...?

 

I think long-term stagnation is plausible. Job growth of 200,000 a month is barely--if not at all--keeping pace with population growth, the youth are weighted down with historically high debts, GDP growth is staying just ahead of inflation, and real wages have stagnated if not declined.

I think the U.S. has hit a point of diminishing marginal growth--a mathematical certainty at some point, but a certainty that has been accelerated forward through poor public policy.

 

As the baby-boomers retire and take their burdensome cost structures with them there will be tremendous opportunity in this country for the current generation heading into the workforce in roughly 10 years. In the interim, asset prices are too high for the current workforce, it just isn't sustainable. Working theory, most of that re-adjustment will come from long term stagnation in asset prices as wages 'catch up', aided by additional supply coming into the market from downsizing, retiring, etc. With that said, if the "Great Recession" couldn't cause a "Great Depression", I doubt we'll encounter a depression more than twice as long as the original.

 

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