The Financial Prophet Newsletter:
Volume 2 # 31
Issue: The US & Global Financial Crisis
Following the News of Financial Prophets
Who Predicted the Financial Crisis
What did they predict? and what are they predicting
now?
Med Jones, the Financial Prophet
Who Predicted the Financial Crisis Says US Government Policies
Can
Collapse of the Economy
The same mindset of high risk
borrowing and over-extended leverage that led to the
financial system collapse will risk the collapse of the
US economy and its currency. With high rise of national
debt, it is only a matter of time before the global
investors will lose trust in US currency, treasuries,
and bonds
Financial Prophet Predicts Financial Recovery and Crisis
The US economy faces 3 options. Option 1: Allow a
painful, sharp, but quick correction cycle. Option 2:
Moderate the decline and suffer from several decades of
stagflation with intermittent periods of modest decline
and growth in dollar amounts; however the real economic
growth will be negative due to the decline in the dollar
valuation and inflation. Option 3: Is to invest in
innovation, export and growth industries.
Financial Prophet Says there is away out of the crisis
The only way out of this crisis is through the emergency
of a new legitimate industry, such as alternative
energy, nanotechnology or biotech, which will generate
enough tax revenues to pay the debt and attract more
capital. The auto industry led the recovery after World
War II; the IT industry led the recovery from the
Seventies’ financial crisis. Unfortunately the
government is doing too little in that area
Financial Guru Sees
Recovery in 2010
Financial guru sees recovery in 2010
Financial Oracles
Forecasts Decline bottom in 2009
Financial oracle sees the bottom of real estate decline
in 2009 Financial
Experts News Financial expert forecast recovery of
residential real estate decline in 2011
Financial Crisis & Recovery Forecast
by the Financial Guru Who Predicted the Crisis
The ABCs of finance teach us to divest our failing investment (cut our
losses) and invest in the growing industries that generate revenues and
create jobs. You do not invest in losing business to keep jobs, you let
the bad business fail, and create jobs by investing the money in new
competitive and sustainable industries. The government could re-allocate
the lost auto manufacturing jobs to electric car productions, wind
energy production and several other industries, at least the invested
money will reduce the US energy bill going forward
Financial Crisis & Recovery Outlook
by the Financial Oracle Who Predicted the Crisis If the economy is going to recover, it will recover
despite the politicians, and I mean both the Democrats
and the Republicans. Bush started the bailout, and Obama
is simply continuing it. I like his foreign policies and
his social policies, but, economically, he's doing the
same thing, and, in fact, he's doing worse. The biggest
example is these bailouts that are going to executives
who are flying their jets, bankrupting their companies
and asking for bailouts that are paying their bonuses.
|
