Re: in the year 2010
in response to
by
posted on
Jul 15, 2008 08:03AM
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Skeleg
There another scenario for around 2010 and, it has to do with the sharp decline of those North American in the 45 to 54 year old bracket, the ones with money and with a need to spend a lot of it (families, pre-retirement life styles).
Dan Arnold, one of the proponents of this coming Bust ahead, http://www.thegreatbustahead.com/
predicts a 50% decline in GDP and a consequent drop in oil to $10/barrel.
You ready?
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