AEP is of course Ambrose Evans-Pritchard, and he never actually went away. His latest is headlines:
A global credit 'heart attack' is just months away
AEP says:
- Surging borrowing costs for companies in the US and Europe threaten a recession within months and resemble events leading up to the global credit "heart attack" in August 2007.
Evans-Pritchard is very consistent with these types of warnings, so much so that a lot of people dismiss his years and years of doom warnings as irrelevant. I can understand where they are coming from. But, here is the link if you want more