Facing a world economic crisis

In 2006 the German economist Max Otte published a book with the title “The crash comes“, in which he pointed up the risks of the present housing bubble in the U.S. and the fact that most of these houses were sold on credit to people who actually couldn´t afford such high debits. He also predicted an enormous fall in the value of the dollar and a new world economic crisis in which all finally ended. When I read his book one year ago I thought either this guy is a ...

Read original article