by John Mauldin, The Market Oracle:
“There are decades when nothing happens and there are weeks when decades happen.” – Vladimir Ilyich Lenin
“People only accept change when they are faced with necessity, and only recognize necessity when a crisis is upon them.” – Jean Monnet
“If something cannot go on forever, it will stop.” –Herbert Stein
As we begin a new year, we again indulge ourselves in the annual (if somewhat futile) rite of forecasting the year ahead. This year I want to look out a little further than just one year in order to think about the changes that are soon going to be forced on the developed world. We are all going to have to make a very agile adaptation to a new economic environment (and it is one that I will welcome). The transition will offer both crisis and loss for those mired in the current system, which must evolve or perish, and opportunity for those who can see the necessity for change and take advantage of the evolution.
Read More @ TheMarketOracle.co.uk
“There are decades when nothing happens and there are weeks when decades happen.” – Vladimir Ilyich Lenin“People only accept change when they are faced with necessity, and only recognize necessity when a crisis is upon them.” – Jean Monnet
“If something cannot go on forever, it will stop.” –Herbert Stein
As we begin a new year, we again indulge ourselves in the annual (if somewhat futile) rite of forecasting the year ahead. This year I want to look out a little further than just one year in order to think about the changes that are soon going to be forced on the developed world. We are all going to have to make a very agile adaptation to a new economic environment (and it is one that I will welcome). The transition will offer both crisis and loss for those mired in the current system, which must evolve or perish, and opportunity for those who can see the necessity for change and take advantage of the evolution.
Read More @ TheMarketOracle.co.uk
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