http://dailyreckoning.com/economic-recovery-period-when-the-stock-market-notices-the-depression/
"If we’re right, the economy is in a multi-year period of correction, de-leveraging and depression. The stock market has to notice, sooner or later. And it is bound to get a little gloomy when it realizes what is going on. That should take the Dow down to about 3,000-5,000 on the Dow index. It could be much lower…" Bill Bonner
Monday, February 1, 2010
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