. And as the stock market has continued to grind mostly higher, he's persisted with his calls, undeterred.
Predicted in March 2000 that tech stocks would plunge 83%, then the tech-heavy Nasdaq 100 index lost an "improbably precise" 83% during a period from 2000 to 2002.
Wall St is the investor class created when the FED wont let stupid people fail. The FED shovels unlimited cash to these idiots to be lost over and over again while creative, brilliant wage earners either figure out how to make a dollar out of 65 cents or die with no help.
He's right. The Fed will eventually lose control and then all hell will break loose.
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