I have not posted this to argue what is coming. On the contrary, I know what is coming and why the recovery/boom side is arguing what they are. I have posted this here for the suggestions on how to prepare for the bust. If you believe we are going into a boom… Well best of luck to you.
Time to Choose
[This piece is intended for those who are new to PeakProsperity.com or to our general perspective. Feel free to share with anyone whom you think might benefit from the central question it raises: Which side do you choose?]
Whether you’re aware of it or not, a great battle is being waged around us.
It is a war of two opposing narratives. Regarding the future of our economy and our standard of living.
The dominant story, championed by flotillas of press releases and parading talking heads, tells an inspiring tale of recovery and return to growth.
The other side, less visible but with a full armament of high-caliber data, tells a very different story. One of growing instability, downside risk, and inequality.
As different as they are in substance, they both share one fundamental prediction – and this is why you should care: This battle is about to break. And when it does, one side will turn out to be much more ‘right’ than the other. The time for action has arrived. To position yourself in the direction of the break you think is most likely to happen.
It’s time to choose a side.