17. November 2008 · 07:35
Some years ago Julian Robertson aka ” ‘Never Been Wrong’ Robertson” predicted global economic collaps. by AL MARTIN Insana then asks, “Where does it end?” And he said, “Utter global collapse.” Not simply economic collapse; complete disintegration of all infrastructure … Weiterlesen →
4. Oktober 2008 · 09:24
“He has predicted every economic cycle, every debacle, every bull market, and every bear market.”
“Where does it end?” Robertson was asked and he said, “Utter global collapse.” Not simply economic collapse; complete disintegration of all infrastructure and of all public structures of governments. Utter, utter collapse. That the end is collapse of simply epic proportion.
In 10 years time, he said, whoever is still alive on the planet will be effectively starting again.”
Julian Robertson went on to say “Food production will fall. Any further effort to control environmental destruction will be abandoned. Inflation will run into the double and eventually triple digits. People will be carrying around U.S. dollars in wheelbarrows like Germany.”
Robertson said there would be “total collapse of public infrastructure. Total collapse of medical care systems. All public pension plans, Social Security will collapse. All corporate pension plans will collapse.”