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Jim Letourneau's Blog

Investing, Technology, Travel, Geology, Music, Golf. I think that covers it.

Dr. Doom - 2007 was the year the credit bubble burst

The whole world goes into a vicious down cycle economically and the US is relatively better off.



Marc Faber is always worth listening to. At the end of the interview he provides some historical context.

Were you born before 2007 or after 2007? Because 2007 is like 1929 or WWII.
(because that was the year that the credit bubble burst - the economic implications are very negative).