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Now that economic events you predicted in your bestseller have actually occurred, are we closing in on the “tipping point” for another meltdown?

Bob Wiedemer
July 6, 2016
Video Transcript

Announcer: Now that economic events you predicted in your bestseller have actually occurred, are we closing in on the "tipping point" for another meltdown?

Robert Wiedemer: We're still just where we predicted, but more importantly what we're in is kind of a turning point now. The economy of the world is slowing down. That's taking down our economy. Corporate earnings are down. There's a general malaise in the economy and so why should the market keep going to record highs? And it isn't. Without money printing, it's not... and that's worrying people. I think it will even worry people a bit more if we bring back money printing to push the market up--and I think they will, if the market goes down enough, which it will. They'll bring it back, but people are still really worried, because your reaching a kind of turning point in their...what do you call it? Basically, their patience in a sense and willingness to believe that it's only temporary.

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