[dannersy]

As a listener, I have not heard him predict collapse once. Maybe I got to him late, but so far as I know, he claims that the industry as it exists is unsustainable. You may think that is him dodging the logical progression of "collapse" but I think so far he has been pretty correct on the unsustainable part, the signs are there. If anyone could predict such things they'd be a billionaire many times over. In the end I think he will be more or less correct, the timing and how long investors can prop it up is the much harder part to predict.