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Tim Wood | Are we on the edge of a financial abyss?
8 months ago
411
Tim Wood shares long-term economic research showing historic market cycles that consistently follow a pattern of boom and bust. Since 2002, the cycles have relied increasingly on government debt and spending, with little economic underpinning. Wood warns that we are in a third decline that could trigger a deflationary spiral similar to the Great Depression. Tim Wood and Maryann Gebauer discuss the implications of a collapse and how to protect yourself. Tim Wood is a Certified Public Accountant with a background in finance and expertise in technical trend analysis. He correctly identified the market peak in year 2000 in a mainstream investment publication. Tim Wood can be followed on his research newsletter Cyclesman. cyclesman.com
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