Sounds like he knows what he is talking about.

Article tidbit from 2006:

In previous articles entitled "The Ominous Warnings and Dire Predictions of World's Financial Experts - Parts 1-6", submitted by Lorimer Wilson, one of my original subscribers and myself, we learned what was probably in store for us short-term and in the next few years. These experts used words like 'Economic Armageddon', "Financial Apocalypse', 'Financial Disaster', 'Financial Train Wreck', 'Deep Funk', 'Great Disruption', 'Category 6 Fiscal Storm', 'Economic Earthquake', 'Serious Collapse', 'God-Awful Fiscal Storm', 'Debt-Driven Meltdown', 'Major Upheaval', 'Demographic Tsunami', 'Rude Awakening', 'Economic Pain', ' Systemic Banking Crisis', 'An Accident Waiting to Happen', etc. to describe what we are in for. It begs the question "How should we position are assets given the dire predictions of these imminent economists and analysts who are all much of the same mind as to what may well be in store for the U.S and, indeed, the global economy very soon?" As we can see from the current financial markets in the United States and many in the world, markets are starting to unravel. Again, we have compiled a detailed and comprehensive summary of what many of these very same individuals, and others, have to say. It is so extensive and informative we have taken the liberty to divide it into 4 parts.