I was recently interviewed on the Internet radio show Spin Cycle, featured on the Contrary Investors Café. The show’s hosts, Andy Sutton and Duane Chandler, questioned me on issues raised in my book, “Global Economic Forecast 2010-2015: Recession Into Depression.” We had a lively discussion on current and future economic and financial trends, including the rapidly deteriorating sovereign fiscal imbalance afflicting many major economies, especially that of the United States, as well as the ramifications of peak oil on inflation.
Readers of my blog can hear the interview in full by going to this website’s homepage and clicking on “Interview with Sheldon Filger.”
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Contrary Investors Café, global economic forecast, peak oil, Spin Cycle
My new report, “Global Economic Forecast 2010-2015: Recession Into Depression” provides the following projection for 2010:
* 2010 will mark a transitional period, following in the wake of massive sovereign intervention in the global financial and economic system in 2009. Much of 2010 will be characterized by a deceptive calming of the global economic crisis
*Massive government borrowing will be recorded as GDP “growth,” creating the impression that the global economy has slipped out of recession; this recovery will prove to be short-lived and illusory
* The transitional period will endure for 18-24 months, concluding with a severe public debt crisis in major advanced economies, in particular the United States and the UK. The onset of this catastrophic fiscal crisis will mark the next stage in the global economic crisis, leading to a synchronized global depression.
The full report and global economic forecast is available from this website’s homepage, (http://www.globaleconomiccrisis.com) and on Amazon.com
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2010 economic forecast, economic forecast 2010, global economic forecast
