There's plenty of food for thought below, but only 2013 and beyond can tell us what will really happen.
See what you think!
Here's to a great new year for you.
Enjoy,
Nick Hubble
Editor, Daily Reckoning Weekend Edition
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Comment by Jason on 1 January 2013:
2013 will bring more obvious warning signs that the world is heading for the 'Big D' (2nd Great Depression). More ideological fantasies from our corrupt, lying politicians and more innaccurate, opinion-driven 'news' from our unreliable mass media.
2013-China experiences a shift where the net consumers begin outnubering the net producers (Brookings Insitiute, 2012) as well as the number of young people (0-30 year) beginning to shrink, plus the usual falls in the birth rates (China and all of East Asia). Indonesia's fertility rate will drop below replacement (2.1).
2013-The United States will continue to decay with more money printing with the corrupt politicians and thier media lapdogs still babbling about fictional 'shale booms' and 'housing recovery', birth rates will fall and more people will emigrate. Same for Europe, which will end up entering the Deep Recession stage, which is a prelude to depression. The pinko walfare state will begin suffering from the effects of 'funds starvation' as tax revenues begin to dry up, and the debts will still not be paid.
2013 will not be the year the Second Great Depression begins, but it will be the year the warning signs start to become obvious enogh for even a Federal Tresurer to see. 2013 will be the beginning of the massive demographic collapse that is hitting Asia and China.