James Wood

Recent Policy Decisions and a Greater Depression

Thank for a most provocative article. A discussion of economics can not be labeled "conservative" ( or liberal) as one of the people did commenting on your article. You make a most interesting projection of where the economy will go based on Obama's economic policies.

My question for you is whether your are a student of Elliot Wave Theory? Your projections coincide exactly with what Elliot Wave Theory (particularity as represented by people like Bob Prechter). It is fascinating to see technical projections as those presented by Bob Prechter and fundamental economic analysis as presented by you which not only match in directionality and in timing for changes of direction of the market.