"...the next depression will be completely different from the one that I knew as a boy. In that depression, virtually nobody had any money so if you had even a little, you could buy nearly anything. In the next depression, everyone will have plenty of money but it won’t buy much of anything.” - Scott Minerd, Chief Investment Officer, Guggenheim Funds
Read more about Stunning Summary of Our Endless Stuff: from Black Friday Madness to the Toxic Trash Heap. When is Enough?
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