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The times are different as well, today world economies are closer to each other than any other time. We've also learned to live with technology and all those life's little luxuries , new car, plasmas, holidays etc and the most important, we haven't seen war and hunger so it is unlikely that...

I guess after all the things that happened in 2008 anything is possible but I think his views are quite extreme. Sure, company stocks could come down as profits fall but it's not the end of the world as he is trying to tell us. cheers