To embed this post, copy the code below and paste into your website or blog.
Enter you email address and zip code to set up customized email alerts.
Economist Gary Shilling is so bearish on the global economy, it's hard to find anything he likes.
Earlier we published his list of really bad investments, including the housing market, banks, commodities, emerging markets and debt-burdened countries like Japan.
But there's a short list of favorite investments in his new book The Age Of Deleveraging.
To embed this post, copy the code below and paste into your website or blog.
• iPAD SURVEY: Everything You Need To Know About How People Use The iPad
• RIM Attacks Apple -- Makes Video Showing PlayBook Browser Is Way Faster Than The iPad's
• The Beatles Finally On Sale At iTunes
• Apple iAds Are Trashed By Anonymous Ad Execs
• HP Sells Twice As Many Slate Tablets As Expected -- Has The iPad Met Its Match?
This is a long-term, permanent reversal.
Good companies are already taking advantage of it.
Both its banks and the sovereign would receive aid.
We're still way below trend.
Put another way, a U.S. tourist traveling around the globe today would find that his dollar has never bought less.
* Copyright © 2010 Business Insider, Inc. All rights reserved. Registration on or use of this site constitutes acceptance of our Terms of Service and Privacy Policy. | Disclaimer
Redesign by Intersect, Inc. | Powered by MongoDB | Hosted by Datapipe | Web analytics by Empirical Path
Read Full Article »