PGR desmonta alegações de Renan Calheiros e pede arquivamento de ação contra Bolsonaro

PGR desmonta alegações de Renan Calheiros e pede arquivamento de ação contra Bolsonaro


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Affluence Thrives in Spite of Bad Economy

As the global economy is disintegrating around us, unemployment is rising to new recent highs, talks of a possible national recession are evolving towards deliberations of a possible worldwide depression, and even the largest and mightiest of banks are crumbling; there stands at least one contrarian visionary willing to bet on the ongoing success of the fortuitous and wealthy. At first glance you might look at Affluence.org, Scott Mitchell’s new business, and think that the timing could not have been worse.

When Will This Economic Crisis End?

Based on my experience with these past downturns, until employment bottoms out sometime in mid 2009, housing prices bottom out according to the timetable stated earlier, foreclosures peak toward the end of 2009 and the jobless rate also peaks toward the end of 2009, economic growth/expansion should not occur until sometime in early 2010. My fear is that this projected schedule of events could be turned on its head if job losses begin to accelerate at too rapid a rate.

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