What the majority of people don't know or understand is how the global economical cycles work.
Ok so here it is:
1. Starts in USA
2. Then UK 9 months later
3.Then Europe 12-18 months later
So we had the issue of Bear Stern and Lehman in the USA
Then we had Northern Rock etc
Then we had Ireland, Italy etc etc
The current situation is:
USA turning the corner
UK will do the same Sept/Oct of this year
Europe still being hit will turn in 2014.
Years ago I did a study of economical cycles and I found that:
An good times last 7 years and bad times 15 years and in between is the gradual rise and sudden falls.
So this is my expectation that the turning is beginning to happen but will be slowish, but the green roots will appear start of 2013 for UK which is what I wrote when I started writing this blog!
Ok so here it is:
1. Starts in USA
2. Then UK 9 months later
3.Then Europe 12-18 months later
So we had the issue of Bear Stern and Lehman in the USA
Then we had Northern Rock etc
Then we had Ireland, Italy etc etc
The current situation is:
USA turning the corner
UK will do the same Sept/Oct of this year
Europe still being hit will turn in 2014.
Years ago I did a study of economical cycles and I found that:
An good times last 7 years and bad times 15 years and in between is the gradual rise and sudden falls.
So this is my expectation that the turning is beginning to happen but will be slowish, but the green roots will appear start of 2013 for UK which is what I wrote when I started writing this blog!
No comments:
Post a Comment