Nine Shocking New Predictions for 2010-2012

Posted by Matt in March 3rd, 2010 | 1 comment

Published in Favorites, Forecasts, All Time Highs, Bond Prices, Budget Deficit, Commodities, Dollar Index, Double Dip Recession, Economy, Enormous Implications, Federal Deficits, Fortunes, Global Collapse, Global Investors, Gold, Martin D Weiss, Martin Weiss, Massive Wealth, Ounce, Shock Waves, Sovereign Debt, Specter, Stocks, Tension, Trillion, Turmoil, Waves Of Fear, Wealth Shift, Zigzag Pattern

Prediction #1: Starting this year, most U.S. stocks are likely to fall in a zigzag pattern for nearly three long years!
Prediction #2: Gold will skyrocket far higher than $2,000 per ounce by the end of 2011.
Prediction #3: The U.S. Dollar Index will begin to sink in 2010 and will not hit bottom until early 2012.
Prediction [...]

Sovereign Debt Contagion

Posted by Matt in February 22nd, 2010 | no comment

Published in Financial, Alan Schwartz, Bear Stearns, Budget Deficit, Canadian Officials, Cnbc, Contagion, Denial Anger Bargaining, Dow Jones, Dow Jones Industrial, Dow Jones Industrial Average, European Partners, George Papandreou, Greek Prime Minister, Liquidity Crisis, Mortgage Business, Mortgage Concerns, Natural Instinct, Sovereign Debt, Sub Prime Mortgage, Unsuspecting Public

Why European debt matters to the United States
Times are tough and those struggling to make ends meet have focused their efforts close to home.
That’s a natural instinct but it doesn’t change the fact that problems on the other side of the world affect us all. To fully understand the depth and complexity of our current [...]

Will California become America’s first failed state? | World news | The Observer

Posted by Matt in October 6th, 2009 | no comment

Published in U.S., Approval Ratings, Arnold Schwarzenegger, Blush, Boundless Opportunities, Budget Deficit, Collapse, Epitome, George W Bush, Housing Bubble, Hunger Strike, Ious, Kevin Starr, Movie Star, Paralysis, Professor Kevin, State Government, Unemployment Rate, Unpaid Leave, Verge, Way Of Life

Los Angeles, 2009: California may be the eighth largest economy in the world, but its state government is issuing IOUs, unemployment is at its highest in 70 years, and teachers are on hunger strike. So what has gone so catastrophically wrong?
But the state that was once held up as the epitome of the boundless opportunities [...]

Three Government Reports Point to Fiscal Doomsday

Posted by Matt in October 5th, 2009 | 1 comment

Published in Economy, Financial, Budget Deficit, Cbo, Congressional Budget Office, Disaster Scenarios, Disastrous Consequences, Doomsday Scenarios, Financial Crisis, Financial Markets, Fiscal Disaster, Global Financial Crisis, Government Reports, Hard Evidence, Hyperinflation, Impending Disaster, Inevitability, National Debt, Retirement Savings, Sole Solution, Treasury Department, Vicious Cycles, Wide Margin, Worse Case Scenario

When our leaders have no awareness of the disastrous consequences of their actions, they can claim ignorance and take no action.
Or when our leaders have no hard evidence as to what might happen in the future, they can at least claim uncertainty.
But when they have full knowledge of an impending disaster … they have [...]

Harvard’s Financial Crisis | THE D.C. WRITEUP

Posted by Matt in July 24th, 2009 | no comment

Published in Financial, Academia, Blogged, Budget Deficit, Endowment, Fair Harvard, Financial Crisis, Fiscal Years, Flock Browser, Global Financial Crisis, Harvard University, Hell, Insider, Layoffs, Nbsp, Vanity Fair

One year ago, Harvard University’s endowment stood at $36.9 billion and was the largest in academia. Between the fiscal years of 1990 and 2008, the endowment grew at an average rate of 14.3 percent. But the University has recently fallen on hard times and now faces a $220 million budget deficit and a 30 percent [...]

Debit Crisis Articles

Posted by Matt in June 30th, 2009 | no comment

Published in Economy, Financial, 1913 Intel, Budget Deficit, Coffins, Credit Crunch, Debt Crisis, Economic Rebound, Fema, Government Auction, Great Depression, Martial Law, Meltdown, National Debt, National Savings, Nytimes, Pbs Org, Pyramid Scheme, Sovereign Debt, Subprime Mortgage Market, Treasury Auction, Undeniable Reality

The next great crisis: America’s debt | 1913 Intel
At this rate, your share of the load will be $155000 in a decade. How chronic deficits are putting the country on a path to fiscal collapse.
Sovereign Debt | 1913 Intel
Latvian debt crisis shakes Eastern Europe Telegraph.co.uk – Jun 3, 2009 … a sovereign debt crisis after [...]

Latvian crisis deepens as Europe debates aid

Posted by Matt in June 4th, 2009 | no comment

Published in Economy, Europe, 100m, Baltic State, Bond Auction, Budget Deficit, Currency, Currency Devaluation, Debates, Debt Crisis, Eastern Europe, Economic Crisis, Europe, Failure, Fears, Government Auction, Government Bond, guardian, Imf, Job, Latvia, New York Times, Sovereign Debt, Telegraph, Telegraph Co Uk, Telegraph Uk, Trade Union Confederation, Treasury Auction, Wall Street, Wall Street Journal

The failure of a government bond auction this morning heightened fears that the tiny Baltic state will have to devalue its currency, the lat, which could have a huge impact on the rest of the region and other EU states.
Read More…

Latvian debt crisis shakes Eastern Europe
Telegraph.co.uk - Jun 3, 2009
… a sovereign debt crisis after failing to sell a [...]

Ex-PM warns of economic chaos, revolution in Russia

Posted by Matt in April 16th, 2009 | no comment

Published in Economy, Russia, Budget Deficit, Chaos Revolution, Democratic Union, Economic Chaos, European Parliament, Financial Crisis, Global Financial Crisis, Kasyanov, Lead, Liberal Democrat, Parliament, Pensions, politicians, Revolutions, Russia, Social Crisis

Kasyanov, leader ,of the People’s Democratic Union, predicted Russia’s reserves would be swiftly swallowed up financing an increasing budget deficit and the government would soon face problems financing military and police pensions.
“It will happen in reality in a period of one year, but if the financial crisis races, it will be in a shorter period,” [...]

For Russia, A Dark Horizon

Posted by Matt in January 3rd, 2009 | no comment

Published in Economy, Russia, Budget Deficit, Company Towns, Contraction, Dark Horizon, Economic Growth, Economic Problems, Geographic Mobility, Housing Market, Investors, Limited, New Jobs, Nine Years, Price Of Oil, Russia, Social Infrastructure, Stock Market, Surpluses, Unemployment, Vacations

The price of oil is now about a quarter of what it was only a few months ago, and economic problems are building within Russia. Investors are gone; the stock market barely exists. After nine years of surpluses, Russia will have a budget deficit in 2009, and the solid economic growth of recent years may [...]