Italy defaults on its debts. Most major Italian bank collapses. Recession turns to Depression in the Euro zone. Sovereign defaults begin and bank failures ripple across the Continent. Saddled with bad loans to the Euro zone nations and lenders in Europe, the four major American banks will begin to hemorrhage cash. Credit freezes in the United
In his latest investor letter (via Gurufocus), Kyle Bass lays out his case that a wave of hard defaults is coming. His basic argument: The world is just saddled with too much debt. Throughout history, he says, total debt-to-GDP only ever breached 200% when nations were spending on war. Today we’re at 310%. Says Bass:
Global Super Debt “Tipping Point” 2012 Read More »
The euro is on the chopping block, and the dollar UUP – PowerShares DB U.S. Dollar Index Bullish Fund (NYSEARCA:UUP) isn’t far behind. ShadowStats.com’s editor John Williams’ just published a gloomy outlook for the U.S. due to the demise of the dollar and the emergence of hyperinflation that could be a reality as soon as
U.S. Dollar On The Chopping Block Read More »
Based on the astrological transit blackbox forecast of the UUP UUP – PowerShares DB U.S. Dollar Index Bullish Fund, it seems we are coming to another point where we face risk of systemic collapse, therefore expect another round of quantitative easing (QE3) as a result which will pull the trigger for massive dollar selling, moving the nation into much
US Dollar Demise In Progress Read More »
Widening US protest rallies against the prevalence of top-level corruption, poverty, and social inequality in America, which began in September in New York, have now spread to more than 1,000 cities across the country. Rallies have spread from Freedom Plaza to McPherson Square, where “Occupy DC” is being staged by people that are younger and
US Protests Spread to 1,000 Cities Read More »
The Fed fought for more than 2 years to keep details of the largest bailout in U.S. history a secret and didn’t tell anyone which banks were in trouble so deep they required a combined $1.2 trillion on Dec. 5, 2008, their single neediest day. Also, the Banks didn’t mention that they took tens of
Prediction: Get ready, the next “Da Vinci”/Einstein is coming to a theater near you! Except he will be American, born between late 1968 through mid-1969, and will publish a ground breaking scientific work the will be will shatter the current scientific set of models and create a unexpected revolutionary change in human thought. The current
Coming Soon: The Next Leonardo da Vinci or Einstein Read More »
As posted on my website on May 18, 2010: The stock market is up 68.1 percent since hitting a 12 year low in March last year (though it is still down 22.3 percent from its peak or 14,164.53 in October 2007). The climb has been one of the strongest in history, and according to many
Prediction: Will the Stock Market Rally Continue? Read More »
For more predictions, please visit www.williamstickevers.com U.S. Homeland Security: Mexico Mexico will be on the verge of systemic collapse due to a series of secular events that will create an economic meltdown. This crisis will weaken the Mexican government’s ability to maintain civic order and control. This will be followed by massive illegal immigration into
2010 Predictions: U.S. Homeland Security – Mexico Read More »
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
2010 Predictions: World Economy Read More »
