If We Get Through This Crisis, We'll Face Another in 5 to 10 Years -- Here's Why

By Joshua Holland, AlterNet
Posted on October 7, 2008, Printed on October 7, 2008
http://www.alternet.org/story/101869/

If the bailout passed last week were to have the desired outcome, kick-starting our ailing economy -- and there's no reason to believe it will -- we can expect another painful economic crisis in five to 10 years. It may not be an American crisis, and it might get less attention for that reason, but it will happen.

In the meantime, an enormous bubble of paper wealth will grow -- nobody can say in what sector or which region it will occur -- and some people who get out at the right time will make fortunes. But many more will lose their shirts when it all comes crashing down, and crash down it will.