Stock Markets Exposed
economy predictions for 2009?
this is my economy predictions for 2009 and 2010+ 1. the US dollar will decrease in value due of massive deficit spending 2. china will be the first country to recover from this global financial crisis 3. Inflation will increase to double digit 4. unemployment will increase to double digit 5. the value of the stock market when adjusted to inflation will not go back to 2007 levels for decades 6. there will be more crime, civil unrest, and tax protests. 7. the financial center of the world will move from wall street to shanghai and hong kong stock exchange. 8. the value of all commodities such as silver, gold, wheat, suger and others will increase dramatically. 9. the commericial real estate market will collapse. real estate price will continue of fall. 10. US will not move out of iraq like Obama promised. 11. cost of college to be prohibatively expensive and financial aid packages will be very bad. 12. more companies will go bankrupt. include GM 13. real recovery will not happen for years. please comment on my predictions. I like to know your predictions.
Public Comments
- I agree with most of your points, but I'm not sure of the other ones. Gov't spending is not working because it drives up interest rates by SO MUCH, and even if it did lower it, people don't have money in the first place. After 2009, maybe 2 or 3 years later, we will have superinflation because all of the STUPID economic decisions made by the government will finally be in effect, prices will rise incrediously, and houses will be very expensive. The best time to buy a house would be now, and sell it later for LARGE profit. Worst time to save money, it won't be worth much in a couple of years.
- You must be the pessimistic porn they were talking about on T.V. But, I can't argue with most of what you have to say here. You must listen to Peter Schiff like me.
- I disagree and have been putting money in the US stock market because I expect stock prices to increase by 50% over the next year or two. It is almost certain the unemployment will exceed 10% by the end of the year and that it will take two or more years for it to fall back under 5%. It is inconsistent to believe the price of real estate will fall if there is inflation because it is a tangible asset, or that commodity prices will rise faster than inflation with out the economy recovering and increasing demand.
- All the new world order needs to do is do what they need to do now, what they want is that much civil un rest that you all will be screaming for major change, then they will give it to you. I say people are ready now, there is no stopping it so just do it, they will have their numbers now, so whats stopping it? I say bring it on now, make the changes and lets get on with life and let them have what they want. As Jesus said to Judas "Go, and do what you must do"
