13 Nov Marc Faber, author of the Gloom, Boom and Doom report told CNBC Published AM ET Tue, 13 Nov Updated PM ET Thu. 3 Oct The Gloom, Boom & Doom RepoRT. ISSN A PUBLICATION July and July , and I doubt that we shall see much lower. Marc Fabers the Gloom Boom Doom Report – Free download as PDF File .pdf), Text File .txt) or read online for free.
|Published (Last):||12 January 2007|
|PDF File Size:||5.37 Mb|
|ePub File Size:||17.35 Mb|
|Price:||Free* [*Free Regsitration Required]|
By this rapid and vast multiplication of the commodities and conveniences of existence, the general standard of comfort has been raised, the ravages of pestilence and famine have been checked, and the natural obstacles, which time and space offer to mutual intercourse, have been reduced in a manner, and to an extent, unknown to former ages. 20122
Though understood gloom boom doom report 2012 promoted as an instrument of liberation, convenience has a dark side.
At the end of the 19th century, British scientist Thomas Henry Huxley opined that”The most obvious and the replrt distinctive features of gloom boom doom report 2012 History of Civilisation, during the last fifty years, is the wonderful increase of industrial production by the application of machinery, the improvement of old technical processes and the invention of new ones, accompanied by an even more remarkable development of old and new means of locomotion and intercommunication.
With its promise of smooth, effortless efficiency, it threatens to erase the sort of struggles and challenges that help give meaning to life.
The broader point I want to make is that we can see an increasing number of signs and indicators that point to a major slowdown in the global economy and to disappointing corporate gloom boom doom report 2012. July 1, At the end of the gloom boom doom report 2012 century, British scientist Thomas Henry Huxley opined that”The most obvious and the most distinctive features of the History of Civilisation, during the last fifty years, is the wonderful increase of industrial production by the application of machinery, the improvement of old technical processes and the invention of new ones, accompanied by an even more remarkable development of old and new means of locomotion and intercommunication.
Therefore, I reiterate my previous recommendation that investors who are overweight equities should really boo, their heavy exposure.
Created to free us, it can become a constraint on what we are willing to do, and thus in a subtle way it can enslave us. Tim Wu, a law professor at Columbia, recently penned an essay entitled The Tyranny of Convenience in gloom boom doom report 2012 he argues that, “In the developed nations of the 21st century, convenience – that is, more efficient and easier ways of doing personal tasks – has emerged as perhaps the most powerful force shaping our individual lives and our economies….
Concerning my negative views about equities I would like to add that an important technical signal has turned down badly: Is Convenience gloom boom doom report 2012 acceptable Value for Society?