I started this blog in June 2007 asking these questions: Are we in a massive asset bubble that will blow up in our faces ??? - ANSWERED YES ! Is western and particularly British society on the verge of social collapse??? What are the best common sense long term investment strategies to keep you rich? When will consumption/debt bubble economics end and a real savings/production economy begin ???

Tuesday 5 June 2007

After the boom years, prepare to face a bumpy road ahead

Bull markets, it is said, climb a wall of worry. This one has climbed a wall of money. From the roaring Chinese stock market to the scout hut in Willesden that was sold last month for £400,000, cheap money is gushing into asset markets everywhere and driving an unprecedented period of global growth.

The problem is, the taps may have been switched off. With interest rates rising in Britain and worldwide, analysts are starting to ask whether we have reached the top of the economic cycle.

more ...
------------------------
Check out the rest of this blog here.
blog comments powered by Disqus

Warren Buffett Watch

Amazon UK Picks