We seem to have hit a bottom in the present global slowdown. Things should improve from here. The fact that has made the present crisis very severe –the bursting of global real estate bubble- will make the recovery very sharp. Why? Because the deflated housing assets do have some intrinsic value & they satisfy a very genuine need of housing. Unlike the previous bust led by the bursting of dot com bubble in 2000- where most of the internet ,dot com companies were worthless- here that is not the case. And hence the inference of swift & fast V-shaped recovery in global economy.
Hence I am willing to stick my neck out and predict a full blown recovery of global economy by end of 2009. so now is the time to invest in assets like equities & make a fortune.
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