In 2006, he wrote a book America’s Bubble Economy predicting the 2007-2008 market. He was one of the few sane voice in the midst of the country’s frenzy bubble before the crash ( my husband personally predicted it too and advised our friends, but it went unheeded).
He explains the reckless printing of money out of thin air by Federal Reserve to stimulate the economy is about to catch up with the American people with high inflation, high interest rates, real estate collapse and the 10-year Treasury bonds losing half of its value resulting to another stock market crash.
Robert Wiedemer in a video interview for his book Aftershock (interview viewed 40 million times already) said the reason why Buffett, Paulson and Soros are selling their stocks because companies instead of borrowing money for expansion would instead be borrowing money to prop themselves up as they face less profits, less dividends and less hiring but more lay offs. Weidemer’s outlook is also shared by the small businesses in America, according to recent surveys conducted. Wiedemer’s “worst case scenario” prediction is being noted by millions of people resulting to networks and affiliates no longer showing the interview. Newsmax Financial Publisher AaronDehoog, due to public demand, is showing the interview on their website for a limited time only.
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