We're in a Minority Now

We will have one recession which in my opinion will last till the end of this year then there'll be a minor blip about which the media will go berserk and then will be hit by another recession. The model for many western countries that are strapped on debt and leveraged out to the rivals is Japan. In many areas of the country we're in a minority now and it's not much fun being a minority particularly when you've been a legedly top dog, he says.