50% unemployment and stocks to tumble 90%

This economist Bob Wiedemer was successful in predicting the housing bubble, market crash etc.

Here's a very interesting youtube clip where he offers his predictions for the next 1-5 years, including up to 50% unemployment in the USA, 90% devaluation of the stockmarket, 25% further of US housing prices, and up to 100% per year inflation. Most interestingly sees the gold bull running for many more years, possibly 10yrs.

The clip has a very infomercial feel to it but if you can get past that it's very informative and backed up with data.

http://www.youtube.com/watch?v=UseYKxDLnOw&list=PL51CC26AC465FB5AE&index=11