16-Jan-10 News - Greece and Portugal financial crisis

[John]

** 16-Jan-10 News - Greece and Portugal head for financial crisis
** http://www.generationaldynamics.com/cgi-bin/D.PL?xct=gd.e100116#e100116



Contents:
Europeans turn more hostile over Greece's budget deficit
Moody's: Greece and Portugal face a 'slow death'

[jldavid47]

Robert Prechter has been predicting the same massive deflation for years. In his latest newsletter he predicts that deflation will probably hit bottom in the 2014-2016 and that it could get so bad that T-Bill rates could approach -5%. (That's right. NEGATIVE 5%), The result of which will be massive hoarding of currency.

[rjgirving]

The triangulation of the Generational Dynamics framework with those of HS Dent regarding demographic shifts and related economic impacts and the trend forecasting of Gerald Celente using current events and metrics is troubling. Generational Dynamics using historical patterns and Celente using current events both point to a very real and present danger. All we can do is be prepared. Good Luck to all.