Hopeful new Future!

I lifted this from Tim Wood, who lifted it from

David Knox Barker’s book The K- Wave. 

Tim Wood is the Cycleman, look him up on the net, he has a pay service that is probably one of the top 3 as far as being worthwhile.

I really couldn't have said it better myself, this very much reflects my views.   And they said it very well!


“Global Stock Markets Enter Extended Bear Markets”
I have said since 2007 that this is where we are, and ever since the 2009 low I have explained that we have been in a bear market rally. The Phase II decline is out there and it will be global in nature.

“Trends During Winter: Stocks Down, Bonds Up, Commodities Down”
I believe that the bust in commodities in 2008 was associated with this trend change and that since the 2009 lows, commodities have also been in bear market rallies.

“Interest Rates Spike In Early Winter Then Decline Throughout”
In June 2004 the Discount rate was at 2.00%. By June 2006 it was at 6.25%, and in August 2007 the Fed once again began to cut the Discount rate. This too fits.

“Economic Growth Slow or Negative During Much of Winter”
I doubt that many will argue this point at this time.

“Commercial and Residential Real Estate Prices Fall”
This obviously began back in 2006 and is still ongoing.

“Bankruptcies Accelerate and High Debt Eliminated by Bankruptcy”
This has obviously begun and was no doubt been related to the housing and credit bubbles. But I suspect it will worsen as the Phase II decline and the deflationary forces take hold once again.

“Social Upheaval and Society Becomes Negative”
Just wait!

“Banking System Shaken and New One Introduced”
The banking system was shaken in 2008, but there should still be more to come.

“Free Market System Blamed and Socialist Solutions Offered”
Just wait, we have only seen the beginning!

“National Fascist Political Tendencies”
More to come.

“Debt Level Very Low After Defaults and Bankruptcy”
This has not happened.

“Trade Conflict Worsen”
It’s coming.

“View of the Future at a Low Ebb”
When the cheerleading on CNBS stops, we will be there.

“New Work Ethics Develop Since Jobs are Scarce”

If I can assure you of one thing, it is that this has not happened.

“Greed is Purged from the System”
I can absolutely assure you that this has not happened yet.

“Real Estate Prices Find Bottom”
This has not happened.

“There is a Clean Economic Slate to Build On”
Not happened yet.

“Investors are Very Conservative and Risk Averse”
Again, this has absolutely not occurred.

“Interest Rates and Prices Bottom”
Not happened.

“A New Economy Begins to Emerge”
Has not happened

“Stock Markets Reach Bottom and Begin New Bull Markets”
Again, we aren’t there yet.

Steveo here----see--a bright new future!