5) Europe-Based Research Group’s Economic Prognosis Bleak for the Global Scene July 10, 2009

http://www.leap2020.eu/GEAB-N-36-is-available!-Global-systemic-crisis-in-summer-2009-The-cumulative-impact-of-three-rogue-waves_a3359.html

“At this stage of the global systemic crises’ process of development, contrary to the dominant political and media stance today, the LEAP/E2020 team does not foresee any economic upsurge after summer 2009…On the contrary, because the origins of the crisis remain unaddressed, we estimate that the summer 2009 will be marked by the converging of three very destructive ‘rouge waves’, illustrating the aggravation of the crisis and entailing major upheaval by September/October 2009. As always since this crisis started, each region of the world will be affected neither at the same moment, nor in the same way. However, according to our researchers, all of them will be concerned by a significant deterioration in their situation by the end of summer 2009.”

“76% of Europeans estimate that the crisis will not be over by 2012.” (GlobalEurometre June 2009)