iTulip guy predicts Dow 5000
self-evident —
Debt Deflation Bear Market Update Part 1
I have been following iTulip since the late 90s, when he was predicting the collapse of the technology bubble. Got the timing right, too, to within a month.
Then the site stopped updating for a few years.
Until 2005, when he reappeared to warn about some housing bubble and predicted its aftermath.
He has been right about pretty much everything so far. He still likes gold. For what it’s worth.
Daily Dose of Deflation 25Nov2008
GalaTime —
iTulip: Debt Deflation Bear Market Update Part I: 2009 Windup - Eric Janszen
All credit bubbles end with a sudden withdrawal of purchasing power from the markets and economy that have become dependent on the massive flows of fresh credit. Debt deflations go on and on until the debt is deflated, one way or another, either by monetary deflation and debt defaults as in the 1930s or by monetary inflation as occurred between 1975 and 1980 in the US. The Japanese have since 1990 deflated debt the slow, hard way, siphoning off ...

