2010-11-10

Gary Shilling forecast a decade of deleveraging

Gary Shilling is somebody I wasn't familiar with, but I've recently found out that there's one more deflationist than Harry S. Dent, Mish, Prechter, Mike the SovereignSpeculator, and myself.

Gary Shilling has even published a book on the topic: The Age of Deleveraging: Investment Strategies for a Decade of Slow Growth and Deflation — it's not his first book on the topic, as he wrote a couple others and I would then consider him a bit like Robert Prechter — visionary, but dismissed as crazy because way to early in his forecasts.

Here are his other books:




It's great to see how the ignorant journalists give him "lessons" and "teach" him the economy and the FRS works...

The reporter ends the talk by "A real original thinker", trying to dismiss him and his opinion as irrelevant and crazy...



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