Interestingly, here is a “fringe” blogger, that I have followed, and just found out that he is now being picked up by yahoo finance. He came out with a great power point back in 2008 “crash course”,., which I recommend.
Within the next 20 years, the most profound changes in economic history will sweep the globe. The economic chaos and turbulence that we are now experiencing are merely the opening salvos in what will prove to be a long, disruptive period of adjustment.
At least that’s my theory, and careful investors owe it to themselves to hear me out. If I’m right, long-term investing in stocks and bonds will deliver lackluster returns at best and be destroyers of wealth at worst.
To explain why, I need to tell you about how “Three Es” — the economy, energy and the environment — are interconnected and why we need to consider all three at once.