Not very nice future .I follow these guy for some years and he's good in analysis.He predicted the collapse in 2008.

These are his targets for some markets.Dow to 4000 SP 500 to 500 etc.

According to him there was an enormous amount of credits entered in the markets that the bubble finally has burst.So now we are spiralling down which creates more and more problems for first the banks and now reflecting on companies which on their part get rid of a deal of their workers etc..He sees only one way and that loan cost will coming down so people has to accept lower wages .The time to get rich in short time is gone for very long time and the only way to survive is saving money by living a less luxury lifestyle.Hard to accept but he could be right.Who has ever thought we should see such a meltdown.

Here are his charts.Scary levels.First we could see a bear market rally again but he believes it will only be one leg up in a bear market until we reach the levels.I hope he got it wrong and I also was not a believer past year when he warned for the collapse.

So if we see such an event how will CLL survive this mess ?

Or we will face another war time if Rebels is right?

Dow Jones en S&P 500

De Nikkei



De DAX