Professor Elam

Here is a very bearish view of what might happen to the economy.  

There are many letter writers about what might happen to the US Economy.  They vary from the perpetualy bullish to the perpetually bearish. When good things happen the bulls claim victory when bad things happen, the bears claim victory.  Bob Prechter’s group has been overly bearish for some time, but there time may be upon us.  What this article says at least short term is pretty much right on so far.