Jason Rines (iThinkBig)

Calling a Depression

We are not at what we would call a depression, just the beginning of one. But this comes as a W shaped formation with a recession then a likely 3-4 quarter rally, then the hyperinflation, positive loop effects cumulating around 2011. That is a forecast I had predicted almost a year ago and I do not believe I needed to be a rocket scientist to figure it out. Things move faster then in 1929 due to technology. That is why I believe we will reach depressionary conditions faster then that era but also why we will revive a bit more quickly (Washington policy is wild card on this timing forecast). I also will reiterate that the U.S. will see a bull market in 2013.

Don't worry Mr. Merkle, I wager you will do just fine economically over the next few short years. The geopolitical consequences and history rythming and creating a world war is another matter entirely. I live in faith, not in fear. Man is on the verge of the best era of scientific and qualitative living in history.