Jim's thoughts are not much different from those being exposed by the Austrian School of Economics, see graph bellow. Accordingly, a severe bust period has to inevitably follow a period of malinvestment. Bearing that in mind then if the bust has not yet occurred, it will inevitable happen during the next period and so forth until the kicking of the can down the road stops. Therefore if you want to survive then buy gold and move to Russia, Argentina or somewhere in Asia.
