Year of the Goat

Coincidentally, the year of the goat is supposed to be tough on business (goats eat grass and roots) and the hard data suggests the long delayed bust will be all the bigger for delays.

Instead, we are in the crack-up phase of the two decades long central bank driven credit boom that has literally engulfed the planet. The resulting tidal wave of deflation owing to massive overinvestment and malinvestment in the worlds’ resource, manufacturing, transportation and distribution sectors will drive worldwide prices, profits and wages in a southward direction as excess supply slams up against inadequate demand.

But this is excellent for small business.  All that malinvestment and misallocation will dry up, opening opportunity for new businesses willing to search and learn for natural market.  Get going now!

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