Tuesday, October 26, 2010

Gonzalo Lira Makes a Call

Well, these are some bold predictions by Gonzalo Lira. Let's track them and see how it goes. But if it goes this way...

2010-10-26: Economics Isn’t a Dismal Science—It’s an Ersatz Religion
This will bring hyperinflation by December 2011; severe social disruption starting in Q3 of 2011 and accelerating through Q4, before really exploding in Q2 of 2012; the dissolution of the European Union by December of 2012; and very likely—insane as it might now sound—a de facto dictatorship in the United States.

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