Heyer Capital, LLC

investment management and timely advice from a local CPA (Fox Valley, Wisc.)

more “boom and bust” cycles coming

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Here’s a quick video from my buddy Aaron Task interviewing Lakshman Achuthan, on why buy and hold is dead.  There are more more “boom and bust” cycles coming.  Those of us who adhere to the Austrian, free market school of economics, understand this as well.

He addresses the symptoms that as more debt is piled on the economy, the subsequent economic recoveries get weaker and weaker from the debt load.  It’s not a “Bush” or “Obama” political management issue.  It’s a decades long trend, that doesn’t end well once we enter debt saturation.

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Written by heyercapital

March 29, 2010 at 10:01 am

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