This message was scarier the first dozen or so times I heard it.
Where is that Great Economic Apocalypse that these "Economists" keep talking about every few months or so? I thought we would be eating cardboard boxes and sleeping in the Mojave by now.
Not sure. They probably were those same crazy people that predicted the crash of Rome or the crash in 1929 or the crash in 08. They are all nutjobs
Or that the world would end in 2012 or that gas would be $7 a gallon by now.
I honestly think inflation will probably pick as the economy becomes fully recovered by next year. Eventually, we will have a minor recession in 2017 and probably will have another slow recovery followed by some energy or insurance loan boom or overvaluation of some basic commodity wrapped in fraudulent instruments in the early 2020s followed by another really nasty speculation-based crash thereafter.