In a world where “saving” is a dirty word and “credit” is a match made in heaven, we are seeing some of the toughest financial times ahead of us.
I believe we have 12 to 24 months of continued credit issues and volatility in the markets ahead of us. The reason for this is the continued push to create more financial stimulus. Governments and Central Banks have gone on record to state “we will print money WITHOUT Limitation”. With this continued money printing, we continue down the same path that got us into this mess in the first place.