THE WORLD IS COMING TO AN END!!
The doom sayers have been saying that now since 1914. No doubt that is true. It will end some year. No one on this Earth knows when, so just enjoy what little time that you have left.
My shtick is "DEPRESSION IS COMING!!". I think I am closer to the truth.
The best definition of a financial depression is a period when supply overwhelms demand, resulting in falling prices, unemployment problems, and economic contraction.
Investopedia explains 'Great Depression'
The NYSE crashed on October 24, 1929, a day known as Black Thursday. Thousands of people lost nearly the entire value of their investments, leaving them with next to nothing. The trend continued and the following Tuesday, Black Tuesday, the DJIA dropped 12%, marking the start of the great depression. International trade declined, along with personal income, tax revenues and product prices.
Many economists believed the Great Depression was evidence that capitalism, when left unchecked, is a dangerous ideology.
This caused some nations to change their political structures, such as Germany, who adopted fascism.
Indications of a depression will be a 12% drop in the stock market combined with a high rate of inflation. People will be purchasing gold as a hedge against the inflation, so watch the price of gold closely.
"Depression is coming". Half of Europe is mired in a recession with 20+% unemployment and 30+% poverty but keeps limping along from one financial crisis to the next.
The United States is so far in debt that it could not handle a recession, not alone a depression, but again keeps limping along from one financial crisis to the next.
Monday, April 16, 2012
The stock market is up at 13,000 now. While up and down, it mostly is tending to rise.
This is caused by several reasons.
One reason is the settlement of the European debt problem. Several of the European countries with debt problems passed budgets to bring their spending in line. This solves the problem of immediate bankruptcy, but does nothing to fix the deep recession, high unemployment rates, or poverty that exists in these countries.
One reason is the price of gasoline is moderating. Semi-stability in the Mid-East and a slowdown in the Chinese economy helps with the problem. There is no way to judge what effect the economies of India, Turkey, Pakistan, Mexico, and Brazil will have upon the price of gasoline.
Most financial experts recognize that a market crash is inevitable. It is just a matter of when and how far.
It is just a matter of time until the recession problem catches up with one of the European nations with debt problems. When the first one declares bankruptcy, the rest will follow. This will account for a thousand point drop in the market.
It is just a matter of time until the economies of China, India, Pakistan, Mexico, and Brazil all improve to a high level. This will cause a surge in the price of gasoline. American consumers will cut back on spending to shoulder the price of gasoline. This will account for a thousand point drop in the market.
The Boomer generation is heavily invested in the stock market. Presently at a retirement age, this generation has no place to which they can switch their investment to draw interest. When the market nose dives, the Boomer generation will withdraw from the market to maintain their equity. This will account for a thousand point drop in the market.
There are at least a hundred other factors which can cause a thousand point drop in the market, or indeed, can trigger a crash.
Depression is coming!
Tuesday, April 10, 2012
You saw the headlines. "Coming soon to New York City, El Quaeda".
Will El Quaeda try again? Oh, Yes!
Why? Because even El Quaeda recognizes the United States as being the leader of the Free World.
Freedom of religion. Freedom to vote, liberty, justice. Freedom to pursue success.
An organization, such as El Quaeda can only exist in a country where there is no freedom. El Queda can only exist where fear, terror, tyranny, and anarchy reign.
Why New York City? Because New York City is the symbol of world capitalism. Leader in banking. Leader in finance. Leader in stock markets.
One of the reasons El Quaeda targets New York City is because New York City has such a diverse population working together in peace and harmony.
The Twin Towers of the World Trade Center represented such a symbol of capitalism that the El Quaeda tried at least twice before they were successful in bringing them down.
"From the Ashes, the Phoenix did Rise".
The new One World Trade Center is being constructed. The El Quaeda will attack this new One World Trade Center because it represents El Quaeda failure. Failure to instill fear and terror.
From any attempt by the El Quaeda to destroy the new One World Trade Center, the phoenix will again rise.
The phoenix being the desire and resolve by all Americans to wipe terrorism from the face of this Earth.
Wednesday, April 4, 2012
Parents Know Best
Professional business people say that insomnia is caused by tension of problems encountered during the day. They say the best way to reduce the tension is to set down and write out a detailed examination of your problems, and then a methodical step-by-step approach to solving them.
Doctors say that one way to cure insomnia is exercise. Even a short period, 15-30 minutes of walking will reduce tension and stress levels.
Psychologists suggest that a period of playing with and petting your pet animal will reduce your tension and stress levels.
Our parents said the best way to fall asleep was to go to bed and count sheep jumping over a fence.
The best way to cure insomnia is to set down and write out a detailed examination of your problems, then take your pet out for a leisurely stroll.
When you get back, tear up the paper with the problems, because if you had any answers, they wouldn't be problems.
Then go to bed and start counting sheep. Trying to imagine those sheep jumping over the fence will take your mind off your problems, and the sheer boredom of counting will put you to sleep.