by Bill Bonner
OUZILLY, France – “How does this all end?” It’s a regular subject for guesswork here at the Diary. It is also the subject of a new book, The Breaking Point, by our old friend and editor of investment advisory Strategic Investment, James Dale Davison.
[…] Of course, to see what’s coming, you have to look back on what’s come before. Jim sent us an advance copy and invited us to write a foreword. Herewith, we share with you an extract from our introduction…
In 1900, a survey was done. “What do you see coming?” asked the pollsters. All of those people questioned forecast better times ahead. Machines were just making their debut, but already people saw their potential.