Charles Nenner on CNBC: Dow 5,000

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DAVID ROSENBERG



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Man, this guy sounds a lot like some of our posters.

 

I bet Rosenberg was an abused child when he grew up in canada.

First, we're having a anemic growth of 1%,

then, there is fear of the chance of double dip recession

beyond that, there is fear of deflation

beyond that, according to rosenberg, Gr. Depression II

We're at step 1, it seems premature to somewhat cook up the scenario of Step 4.

By the way, rosenberg has been saying the end of mankind since 1980's. So, quite frankly, I won't bother w/ him

Charles on the other hand, is quite accurate in his prediction, so I'll go w/ him. But even Charles didn't say the "Great Depression II"

 

...and they sound a lot like Roubini :

 

http://www.youtube.com/watch?v=PUSKvQLP_RU