skol i don't think anybody who is honest with themselves knows with a great degree of certainty. all i'm confident to say is that it will get worse before it gets better.
i don't consider myself a negative person, moreso a realist. from what we do know, in terms of current debt levels for many large nations, the bond yield curve, the price of gold, these do not paint the picture of an economy on the mend. the scary thing is what we do know is enough to be concerned, let alone all the information that has been obfuscated in terms of false asset valuations, bogus balance sheets, misleading economic data, and the derivative time bomb as some call it.
one of the other members posted a link in the gold forum to an article from martin armstrong. he's one of many intelligent individuals who can give you a better idea of why this is a train-wreck waiting to happen:
http://www.martinarmstrong.org/files/Are%20You%20Ready%20to%20Rumble%2001-05-2011.pdf
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