What Happens When the World Economy “Goes Japan”

May 17, 2012 in Good Reads

Here is a great essay by my colleague Bill Bonner that he wrote for the Daily Reckoning earlier this week:

The Dow sinking.

Gold sinking.

Oil sinking.

Copper sinking.

Yields sinking.

We struggled with this, Dear Reader. We meditated. We prayed. We drank heavily.

And finally…we overcame the rank desire to say: “We told you so!”

Click here to continue reading…

“What Happens When the World Economy “Goes Japan” 

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