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Wednesday, July 25, 2012

''Richard Russell: Bear Market to Last Another 15 Years to 2027''

From King World News

''Today the Godfather of newsletter writers, Richard Russell, shocked King World News when he made this remarkable and extremely dire prediction to his subscribers: “The primary bear market -- the leveraging and inflation and lying and cheating and shenanigans lasted from 1945 to 2007, about 62 years.  My guess is that it will require maybe one-third of that time or roughly 20 years to clean out the economic stupidity and nonsense of those 62 years.  That could take this bear market out to the year 2027.''

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