Recession

Doom and gloom from the 2007 - 2012 recession.

I’ve studied depressions, recessions, stock market crashes and bank failures for many years, and what strikes me most is the predictability of recessions. Just as seasons come and go, so too does the average temperature of the planet and the ebb and flow of money.

What also surprises me is how many millionaires and even billionaires are made as a result of recessions: men and women of average means before the crash, become fabulously wealthy afterwards. What makes them so significantly more successful than individuals supposedly wealthy before a crash?

If you've enjoyed what you've read so far, you'll certainly enjoy my big-picture thinking in the booklet The 2012 Manifesto. You can read more about it here or just click on the big-ass Download button below and I'll take you straight to the download page.

{ 0 comments }