Economy

Sign of Another Meltdown Approaching: Gold rises and breaks record

Gold rose to a record in London and New York as other commodities gained on speculation demand for raw materials will increase and as investors bought the metal to protect wealth from Europe’s financial turbulence. Get ready folks this is a sign another meltdown is on it’s way. If you’re an astrologer you know why I’m saying this. […]

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The Recession Is Over Update: Debt was the root of the crisis, spread “like a cancer”

Recession Is Over Update: The root of the crisis over the past couple of years wasn’t recession, but debt, which has spread “like a cancer,” according to Nassim Taleb, professor and author of the bestselling book “The Black Swan,” who is now relieved that public attention has shifted to debt, instead of growth. More at CNBC: http://www.cnbc.com/id/37610064

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Recession is Over Update: Nevada bank shut down

Recession is Over Update: Regulators on Friday shut down a Nevada bank, raising the number of U.S. bank failures this year to 83. The 83 closures so far this year is more than double the pace set in all of 2009. By this time last year, regulators had closed 40 banks. The pace has accelerated as banks’ losses mount

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2010 Predictions: World Economy

For more predictions, please visit www.williamstickevers.com World Economy: General – Predictions 2010 Due to the continuing decline in the British banking system the British GDP will fall 4.7% in 2010. (January 4, 2010) Global imbalances and sovereign debt issues (nations will be unable to pay their debts in the year ahead) will weaken the economic

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2010 Predictions: Japan’s Economy

For more predictions, please visit www.williamstickevers.com Japan Economy: Prediction 2010 As marriage and family formation by young and early middle-aged Japanese continue to decline, the shrinking and aging Japanese population will become a major issue as sales consumption and taxable income drops. The demographic collapse facing Japanalong with a deeply troubled economy due to decades of

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2010 Predictions: U.S. Society – Middle Class, Counter-Culture Movement

U.S. Society: Middle Class; Counter Culture Movement Many of the ideals and values embodied in the mid-sixties counter culture movement will make a major a revival and begin to take hold in mainstream society by the summer of 2010. (January 4, 2010) The inequality of wealth in the United States , between the declining middle

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2010 Predictions: U.S. Business

U.S. Business In 2010, as major companies continue to downsize and outsource their operations abroad, people will begin to move toward building different type of economy, by creating their own companies based on equal ownership that manufacture and provide services toward things that the world actually needs such as sustainable energy systems, local food production technology, ecologically friendly

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2010 Predictions: U.S. Economy – Unemployment

For more predictions, please visit www.williamstickevers.com U.S. Economy: Unemployment The greatly undervalued underemployment rate, counting part-time workers who want full-time jobs and laid-off workers who have given up their job hunt, will exceed 20% by 2010. (January 4, 2010) As local banks continue to fail, mounting unemployment, home foreclosures spiking, with scores of local business struggling to

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