It is NOT that Alstry is so smart......
April 15, 2009
– Comments (6)
That his predictions are sooooo accurate time and time again....it is simply that he looks at the FACTUAL data.....that is all.....and sometimes he may be a little early because behavior can be goofy sometines.
The FACTUAL data tells us that tens of millions of homes were sold in the past few years.....the data forecasts that tens of millions of families will be hosed with those purchases.....many of whom will have their entire life savings and more wiped out.
The FACTUAL data tells us that practically every city, county, and state leveraged up in the past five years based on projections of rising revenues for the next ten years....BUT the facts tell us that revenues are now DECLINING so many of those state and local government entities are screwed.
The FACTUAL data tells us that most hospitals and school systems mirrored local government behavior and thus the facts tell us we are going to have lots and lots of the above very squeezed for money now or in the not too distant future.
The FACTUAL data tells us that the majority of American families and business maintain material leverage against a backdrop of falling incomes.....how hard is it to figure what is likely to happen to most American families and businesses?????
Folks this ain't hard....actually it is very simple to see and interpret.
Pretty soon....most of America will be bankrupt.....the question is how will Americans behave once that happens?
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