>"It is the END!"
>A thick German accent. A silver-tipped cane crashing on a stone
>floor.
>I was sitting next to Bill Bonner in the billiard room of his
>chateau deep in the heart of France. We were listening to
>former Dresdner Bank director Dr. Kurt Richebacher describe the
>effect of the collapsing bubble in"U.S. confidence" in the
>World markets.
>Specifically, his answer came in reply to the question:"What
>will happen when the U.S. consumer stops spending?" The sound
>of silver against stone hung in the air. Everyone in the
>room... even those of us well-versed in his views... even the
>14 well-traveled, successful global entrepreneurs that had
>gathered to hear him speak... was stunned.
>"The coming crisis will be much more devastating than 1987,"
>says Dr. Richebacher."The imbalances are far worse... and
>there are fewer options for dealing with it... because
>financial markets have changed dramatically."
>Trouble is, most investors don't have a clue about the dangers
>that lie ahead. Even more dangerous... they don't care.
>What makes Dr. Richebacher's prediction especially urgent today
>is his uncanny ability to get the story -- the big picture in
>the World markets -- dead on. His predictions were the subject
>of a feature story in the French national magazine Le Figaro.
>He caught the attention of Paul Volcker, the Fed chair under
>Reagan, who said:"Sometimes I think that the job of central
>bankers is to prove Kurt Richebacher wrong."
>Is it"the end" as Dr. Richebacher suggests? Well, certainly no
>one knows.
>But, if the dramatic drop in the markets this week is any
>indication -- we're in for a long ride. Consumer spending has
>already begun to slow. The current crisis in the World economy
>may be so far reaching it could envelop your business, your
>pension, your investments... even the cash you have in the
>bank.
>Of course, I'll let you judge the good doctor's opinions for
>yourself. Click on the link below. In just a few minutes time,
>not only will you find yourself more informed than the average
>investor (who gets the bulk of his information from CNBC) but
>you will be prepared... no matter what the"economy" does.


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