Holding loads of money and remaining broadened is the means by which one of the biggest resource administrators on the planet anticipates enduring an inevitable monetary downturn, as indicated by its longstanding CEO. While he doesn't figure it will happen "tomorrow first thing," the CEO of Brookfield Asset Management Inc. said it's unavoidable there will be a downturn in created markets "sooner or later in time," including that a few nations, especially in Europe, are as of now headed there. "We are near 11 years in this financial cycle. I don't think financial cycles have been canceled," Bruce Flatt said in an elite meeting Friday with BNN Bloomberg's Amanda Lang. He included that Brookfield is more wary today than it was in 2009, when the world was reeling from the budgetary emergency. "There will be interruption in credit markets, in securities exchanges. Our view is the point at which you're in a situation that is more stro