How relevant is "Dr. Doom" when he isn't predicting doom? This is a guy who makes a living saying the same thing all the time whether it's true or not. He can't do anything but predict doom because if he did he wouldn't be Dr. Doom anymore.
And what the hell is "medium-turn fiscal consolidation," anyway?
This has to be one of the stupidest articles I have ever read. If you buy a stock and it goes down, you lose money. If you sell and buy another stock that has gone up, you get less of it. Why? Because you have less money. Then, if that stock goes down, guess what? Less money! And this guy is getting paid for this.