{"id":5898,"date":"2012-05-09T17:47:28","date_gmt":"2012-05-09T21:47:28","guid":{"rendered":"http:\/\/www.pgm-blog.com\/?p=5898"},"modified":"2012-05-09T17:47:28","modified_gmt":"2012-05-09T21:47:28","slug":"are-you-prepared-for-the-next-economic-depression","status":"publish","type":"post","link":"https:\/\/www.pgmcapital.com\/nl\/are-you-prepared-for-the-next-economic-depression\/","title":{"rendered":"Are You Prepared for the Next Economic-Depression?"},"content":{"rendered":"

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Dear PGM Capital<\/strong>, Blog readers,
\nIn our blog post of Last Sunday, May 6th<\/sup> 2012, entitled \u201cAre You Prepared for a World Heading for Populism?\u201d we analyzed how growing populism, combined with excessive debt and aging population in the west, may trigger a very hard, deep and long depression.<\/p>\n

Although we dislike being right about our predictions that they will have a deep impact on the life of great part of world population. However the reactions of world capital markets after the results of the elections up to now are in line with our analysis and prediction done in above mentioned article.<\/p>\n

So what\u2019s next for the markets and World Economy?<\/strong><\/p>\n

With coming elections, in the Netherlands, (an AAA rated Eurozone country)<\/em> in September and the USA (World largest Economy and also the most indebted country on earth)<\/em> in November of this year, politician and policy makers will try to do their utmost to do window dressing in order to avoid results like the ones in Greece and France.<\/p>\n

We believe that both the FED in the USA and the ECB in Europe will try to do their utmost to avoid a start of a big depression in 2012. The only way for them to achieve this is by massive stimulus and money printing.<\/p>\n

Below Quote of Abraham Lincoln, proves that this will be unsuccessful in the longer term:<\/p>\n

You can fool some of the people all the time, and all of the people some of the time, but you cannot fool all of the people all the time.<\/p><\/blockquote>\n

For those who believes in entitlement and populist politician, the following quote of
\n\u201cJohann Wolfgang von Goehte\u201d might be an eye opener.<\/p>\n

None are more hopelessly enslaved than those who falsely believe they are free.<\/p><\/blockquote>\n

Politician, policy makers, and central bankers may be successful in 2012, in creating the proper window dressing in order to achieve their (political) objectives in the short-term, but sooner or later the bitter truth will come out as follows:<\/p>\n