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Mish's Global Economic Trend Analysis: IMF "Baseline Scenario.

MishTalk

Patrick Housing Crash News Top Housing and Commercial Real Estate News. Bay Area Real Estate Trends. The optimistic scenario assumes 2% growth, but that scenario does not start until 2018, and only if labor reforms in Spain and Europe take place. Projections 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018.

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Mish's Global Economic Trend Analysis: Gold Backwardation.

MishTalk

Patrick Housing Crash News Top Housing and Commercial Real Estate News. Bay Area Real Estate Trends. Using the above oil chart as a basis (assuming the gold chart were the same), backwardation implies that someone could borrow money today and pay it back in 2018 for 80 cents. This Week in Money Interview.