View from the European Think Tank

[Honzajs119]

http://europe2020.org/spip.php?article527&lang=en
http://europe2020.org/spip.php?article521&lang=en

According to LEAP/E2020, the end of the third quarter of 2008 will be marked by a new tipping point in the unfolding of the global systemic crisis. At that time indeed, the cumulated impact of the various sequences of the crisis (see table below) will reach its maximum strength and affect decisively the very heart of the systems concerned, on the frontline of which the United States, epicentre of the current crisis. In the United States, this new tipping point will translate into a collapse of the real economy, final socio-economic stage of the serial bursting of the housing and financial bubbles [1] and of the pursuance of the US dollar fall. The collapse of US real economy means the virtual freeze of the American economic machinery: private and public bankruptcies in large numbers, companies and public services closing down massively [2],...

[WDCRob]

Re: View from the European Think Tank

Aren't these the same guys that basically predicted the world would end with some specificity last April? Or am I conflating European think tanks predicting doom?