China , Russia , India , and the commodity bloc in the Middle East will begin to reject the fiat currency of the U.S. Dollar, buying gold and other precious metals on a large scale as U.S. public debt exceeds 70% of GNP and the banking system in the United States continues to deteriorate. (November …
2010 Prediction: U.S. Dollar rejected, U.S. public debt Read More »
The once vibrant and robust American middle-class that was the pillar of American democracy we become no longer sustainable and begin to collapse in 2010 as the number of people seeking jobs far exceeds the number of jobs available with almost 50% of the home mortgages being underwater (meaning that middle-class homeowners will owe more …
2010 Prediction: Collapse of the U.S. Middle-Class Read More »
Due to the ongoing state of crisis and economic contraction in 2010, the United States will move toward a free economy to a command economy where the supply and price of resources and energy, and the production of goods and services, will be directed more and more by the government than by market forces in …
2010 Prediction: U.S. Economy move toward a free economy Read More »
FEDERAL RESERVE PREDICTION: H.R. 1207 The Federal Reserve Transparency Act, a bill to amend title 31 of the United States Code, to reform the manner in which the Board of Governors of the Federal Reserve System is audited by the Comptroller General of the United States and the manner in which such audits are reported …
2010 Prediction: Federal Reserve Transparency Act (H.R. 1207) Read More »
Due to ravages of economic crisis there will be over 28 million people unemployed or underemployed by 2010, with nearly 50 million people living in poverty (e.g. a family of 4 with a income of no greater then $22,050) and struggling with no health insurance or health care of any kind. (November 30, 2009) For …
2010 Prediction: U.S. Unemployment and Under-Employment Read More »
By the close of 2010 it will become clear that the additional 30,000 troops deployed by the Obama Administration (bringing the total number of American troops in the country to 100,000) will be insufficent to counter an increasingly confident Taliban insurgency operating deep inside of Northern Pakistan. In the face of mounting American casualties and …
2010 Prediction: U.S. troop deployment to Afghanistan Read More »
It is obvious that the Federal Reserve (the Fed) is largely to blame for the current debt bubble by manipulating the price and supply of money and infusing large amounts of liquidity into the free market while keeping interest rates much too low, for much too long. According to economist Barry Eichengreen of the University …
Federal Reserve Forecast 2009-2011: The Coming Collapse of the Federal Reserve Read More »
NOTE: (June 30, 2009) (Reuters) The lengthy recession has proved discouraging for the swelling ranks of unemployed Americans, and forced U.S. states obligated to pay them jobless benefits to pile debt on their already strained budgets. Fifteen states have depleted their unemployment insurance funds so far, forcing them to borrow from the U.S. Treasury. A …
These predictions were originally posted on my website www.williamstickevers.com between April 3 and May 26, 2009. Economy: U.S. Great Depression II: The current U.S. recession will turn into a second Great Depression by December 2010. (April 3, 2009) NOTE: The U.S. economy entered a recession in December 2007, according to a committee of economists at …
This prediction was originally posted on my website www.williamstickevers.com on March 13, 2009. Homeland Security 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 …