Never mind the fiscal cliff and congressional insanity over the near term, says Marketwatch's...
Saturday, January 19, 4:34 PM ETNever mind the fiscal cliff and congressional insanity over the near term, says Marketwatch's Paul Farrell. We're facing a whopper of a recession down the road as America and the world economy face the early stages of a long era of “de-growth,” a reversal of economic growth and reduction in market growth as ever expanding world population puts increasing new stresses on all aspects of our life. Start planning ahead for an era of low returns and austerity, says Farrell, as these macroeconomic trends build to critical mass, primed to ignite, explode.
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