Accurate Predictions for 2009
January 2009
In 2008 I opened my predictions with this sentence. "The large Corporations are in trouble over the next few years and many of them will begin to crumble. We will see some Blue Chip companies crumble and their stocks become worthless. A market crash is due in 2008 as the value of the dollar recedes. " Many of you skeptics made great fun of this statement, that is, until May 2008. This trend continues over the next two years. This is why we will have only a ONE TERM president.
Pakistan continues to be the biggest terror nations in the World .It continues to spread Islamic Terrorism around the World, kill innocent people and Pakistan will become a shame to the World. Pakistan faces more unrest, shooting up and bombing other countries. This country faces an economic meltdown in times to come.
March will be difficult because of the extra snow, shortage of oil as well as food along with a giant dip in the Stock Market.
There is a crisis brewing in the Financial department. Congress signed this bail out package during Mercury retrograde, which means the trouble erupts at the next Mercury retrograde in January, 2009. I predict there will be no funds left soon, and if I am correct, we are heading into a deep recession - depression. The banks are already stating that they do not have to use the money given for mortgage bail-outs.
The Stock Market will fall below 6600 and oil will climb back up to over $100 a barrel over the second half of 2009. A growing air of panic in financial markets as the credit crisis deeps begins. I am predicting a growing crisis of solvency that will infect every sector of the financial system. "Nightmare" events could be ahead. Expect waves of corporate bankruptcies, collapses in markets like commercial real estate and municipal bonds and, most alarming, the possible bankruptcy of a large regional or national bank that would trigger a panic by depositors.
Caroline Kennedy will not get the Senate Seat vacated by Hillary Clinton.
Februry 2009
Oscar for best actress: Kate Winslet for Revolutionary Road. Oscar for Best Actor: Sean Penn for Milk.
Grim, really grim, as more and more people walk away from their overextended and impossible to pay mortgage payments, property prices will fall further in capital cities around the world from Australia to the UK to the USA, bank debt right-offs will increase and the world economies will slow down. The USA and huge economic slump in China sets the stage.
March 2009
March opens with a snow storm on the East Coast and a Stock Market crash.
Watch Japan over the next ten to fifteen days, as their economy withers. Next will be some significant parts of Europe, including the United Kingdom. Britain sees many of its top companies go bust and in particular old, established firms, aviation companies and the building companies.
There will be much more turbulence with India and Pakistan, to the danger point
April 2009
On Wall Street, the unemployed may turn to violent forms of protest, in groups.
There have already been several violent single murders and crimes pertaining to either being fired or unemployment issues. Now this energy will begin to form in groups. Demonstrations - etc. (The Tea Perties.)
Copper precious metal is on the rise, due to new manufacturing requirements of large machinery and large construction trucks as well as new mining equipment - and gold falls a bit on the market. (Announced at the GP Summit Meeting. Predicted in Jan.-Feb. 09.)
Around the world, expect rage from crowds of people against the banking industry. At least 2,000,000 jobs have been lost this year. Global confidence is falling rapidly as economics everywhere crumble.(Last October I predicted this would begin in April and climax in October 2009.)
The world wealth is slowly being destroyed by the Global Credit Cards crisis. If you pay off your Visa/M/C/Discover - your account may be automatically closed. Consumere credit card defaults are the highest ever since WWII. The banks are taking huge losses on the credit card defaults. Many of these banks could collapse in one day between May-July 2009.
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