Robert Wiedemer apparently says in his book "Aftershock" that we are headed for a bigger fall than the GFC.
His point is that the last few decades have been built on a bubble rather than productivity and that there will be an asset crash by 2014 of up to 50%. Just wondering what people thoughts are on this. Fear mongering or common sense? I'm undecided myself.
Here's a Youtube interview: http://www.youtube.com/watch?v=CLDjPqAf7AQ
On the opposite tack: http://www.forbes.com/sites/investor...y-are-wrong/2/