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Economic Collapse – Martial Law – 24 Experts Warn of 2010 Meltdown



 
 
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  #1  
Old June 1st 10, 12:42 AM posted to talk.politics.misc,rec.boats,soc.senior.issues,rec.bicycles.misc,misc.rural
brad herschel
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Posts: 8
Default Economic Collapse – Martial Law – 24 Experts Warn of 2010 Meltdown

On May 31, 5:01*am, indiaBPOking wrote:
Predictions For The Rest Of 2010http://www.morningliberty.com/2010/05/16/economic-collapse-martial-la...

Bob Chapman
First 6 months of 2010, Americans will continue to live in the
'unreality'…the period between July and October is when the financial
fireworks will begin. The Fed will act unilaterally for its own
survival irrespective of any political implications …(source is from
insider at FED meetings). In the last quarter of the year we could
even see Martial law, which is more likely for the first 6 months of
2011. The FDIC will collapse in September 2010. Commercial real estate
is set to implode in 2010. Wall Street believes there is a 100% chance
of crash in bond market, especially municipals sometime during 2010.
The dollar will be devalued by the end of 2010.

Gerald Celente
Terrorist attacks and the "Crash of 2010". 40% devaluation at first =
the greatest depression, worse than the Great Depression.

Igor Panarin
In the summer of 1998, based on classified data about the state of the
U.S. economy and society supplied to him by fellow FAPSI analysts,
Panarin forecast the probable disintegration of the USA into six parts
in 2010 (at the end of June – start of July 2010, as he specified on
10 December 2000

Neithercorps
Have projected that the third and final stage of the economic collapse
will begin sometime in 2010. Barring some kind of financial miracle,
or the complete dissolution of the Federal Reserve, a snowballing
implosion should become visible by the end of this year. The behavior
of the Fed, along with that of the IMF seems to suggest that they are
preparing for a focused collapse, peaking within weeks or months
instead of years, and the most certain fall of the dollar.

Webbots
July and onward things get very strange. Revolution. Dollar dead by
November 2010.

LEAP 20/20
2010 Outlook from a group of 25 European Economists with a 90%
accuracy rating- We anticipate a sudden intensification of the crisis
in the second half of 2010, caused by a double effect of a catching up
of events which were temporarily « frozen » in the second half of 2009
and the impossibility of maintaining the palliative remedies of past
years. There is a perfect (economic) storm coming within the global
financial markets and inevitable pressure on interest rates in the
U.S. The injection of zero-cost money into the Western banking system
has failed to restart the economy. Despite zero-cost money, the system
has stalled. It is slowly rolling over into the next big down wave,
which in Elliott Wave terminology will be Super Cycle Wave Three, or
in common language, "THE BIG ONE, WHERE WE ALL GO OVER THE FALLS
TOGETHER."

Joseph Meyer
Forecasts on the economy. He sees the real estate market continuing to
decline, and advised people to invest in precious metals and
commodities, as well as keeping cash at home in a safe place in case
of bank closures. The stock market, after peaking in March or April
(around 10,850), will fall all the way down to somewhere between 2450
and 4125 during the next leg down.

Harry Dent (investor)
A very likely second crash by late 2010. The coming depression (starts
around the summer of 2010). Dent sees the stock market–currently
benefiting from upward momentum and peppier economic activity–headed
for a very brief and pleasant run that could lift the Dow to the
10,700-11,500 range from its current level of about 10.090. But then,
he sees the market running into a stone wall, which will be followed
by a nasty stock market decline (starting in early March to late
April) that could drive down the Dow later this year to 3,000-5,000,
with his best guess about 3,800.

Richard Russell (Market Expert)
(from 2/3/10) says the bear market rally is in the process of breaking
up and panic is on the way. He sees a full correction of the entire
rise from the 2002 low of 7,286 to the bull market high of 14,164.53
set on October 9, 2007. The halfway level of retracement was 10,725.
The total retracement was to 6,547.05 on March 9, 2009. He now sees
the Dow falling to 7,286 and if that level does not hold, “I see it
sinking to its 1980-82 area low of Dow 1,000.” The current action is
the worst he has ever seen. (Bob Chapman says for Russell to make such
a startling statement is unusual because he never cries wolf and is
almost never wrong)

Niño Becerra (Professor of Economics)
Predicted in July 2007 that what was going to happen was that by mid
2010 there is going to be a crisis only comparable to the one in 1929.
From October 2009 to May 2010 people will begin to see things are not
working out the way the government thought. In May of 2010, the crisis
starts with all its force and continues and strengthens throughout
2011. He accurately predicted the current recession and market crash
to the month.

Lyndon Larouche
The crisis is accelerating and will become worse week by week until
the whole system grinds into a collapse, likely sometime this year.
And when it does, it will be the greatest collapse since the fall of
the Roman Empire.

WALL STREET JOURNAL- (2/2010)
"You are witnessing a fundamental breakdown of the American dream, a
systemic breakdown of our democracy and our capitalism, a breakdown
driven by the blind insatiable greed of Wall Street: Dysfunctional
government, insane markets, economy on the brink. Multiply that many
times over and see a world in total disarray. Ignore it now, tomorrow
will be too late."

Eric deCarbonnel
There is no precedence for the panic and chaos that will occur in
2010. The global food supply/demand picture has NEVER been so out of
balance. The 2010 food crisis will rearrange economic, financial, and
political order of the world, and those who aren’t prepared will
suffer terrible losses…As the dollar loses most of its value,
America's savings will be wiped out. The US service economy will
disintegrate as consumer spending in real terms (ie: gold or other
stable currencies) drops like a rock, bringing unemployment to levels
exceeding the great depression. Public health services/programs will
be cut back, as individuals will have no savings/credit/income to pay
for medical care. Value of most investments will be wiped out. The US
debt markets will freeze again, this time permanently. There will be
no buyers except at the most drastic of firesale prices, and inflation
will wipe away value before credit markets have any chance at
recovery. The panic in 2010 will see the majority of derivatives end
up worthless. Since global derivatives markets operate on the
assumption of the continued stable value of the dollar and short term
US debt, using derivatives to bet against the dollar is NOT a good
idea. The panic in 2010 will see the majority of derivatives end up
worthless. The dollar's collapse will rob US consumers of all
purchasing power, and any investment depend on US consumption will
lose most of its value.

Alpha-Omega Report (Trends Forecast)
Going into 2010, the trends seemed to lead nowhere or towards
oblivion. Geo-politically, the Middle East was and is trending towards
some sort of military clash, most likely by mid-year, but perhaps
sooner…At the moment, it seems 2010 is shaping up to be a year of
absolute chaos. We see trends for war between Israel and her neighbors
that will shake every facet of human activity…In the event of war, we
see all other societal trends being thoroughly disrupted…Iran will
most likely shut off the flow of oil from the Persian Gulf. This will
have immense consequences for the world’s economy. Oil prices will
skyrocket into the stratosphere and become so expensive that world’s
economies will collapse..There are also trend indicators along
economic lines that point to the potential for a total meltdown of the
world’s financial system with major crisis points developing with the
change of each quarter of the year. 2010 could be a meltdown year for
the world’s economy, regardless of what goes on in the Middle East.

Robin Landry (Market Expert)
I believe we are headed to new market highs between 10780-11241 over
the next few months. The most likely time frame for the top is the
April-May area. Remember the evidence IMHO still says we are in a bear
market rally with a major decline to follow once this rally ends.

John P. Hussman, Ph.D.
In my estimation, there is still close to an 80% probability (Bayes'
Rule) that a second market plunge and economic downturn will unfold
during 2010.

Robert Prechter
Founder of Elliott Wave International, implores retail investors stay
away from the markets… for now. Prechter, who was bullish near the
lows in March 2009, now says the stock market “is in a topping area,
“predicting another crash in 2010 that will bring stocks below the
2009 low. His word to the wise, “be patient, don’t rush it” keep your
money in cash and cash equivalents.

Richard Mogey
Current Research Director at the Foundation for the Study of Cycles-
Because of a convergence of numerous cycles all at once, the stock
market may go up for a little while, but will crash in 2010 and reach
all-time lows late 2012. Mogey says that the 2008 crash was nothing
compared to the coming crash. Gold may correct in 2009, but will go up
in 2010 and peak in 2011. Silver will follow gold.

James Howard Kunstler (January 2010)
The economy as we’ve known it simply can’t go on, which James Howard
Kunstler has been saying all along. The shenanigans with stimulus and
bailouts will just compound the central problem with debt. There’s not
much longer to go before the whole thing collapses and dies. Six
Months to Live- The economy that is. Especially the part that consists
of swapping paper certificates. That’s the buzz I’ve gotten the first
two weeks of 2010.

Peter Schiff (3/13/2010)
"In my opinion, the market is now perfectly positioned for a massive
dollar sell-off. The fundamentals for the dollar in 2010 are so much
worse than they were in 2008 that it is hard to imagine a reason for
people to keep buying once a modicum of political and monetary
stability can be restored in Europe. In fact, the euro has recently
stabilized. My gut is that the dollar sell-off will be sharp and
swift. Once the dollar decisively breaks below last year's lows, many
of the traders who jumped ship in the recent rally will look to re-
establish their positions. This will accelerate the dollar's descent
and refocus everyone's attention back on the financial train-wreck
unfolding in the United States. Any doubts about the future of the
U.S. dollar should be laid to rest by today's announcement that San
Francisco Federal Reserve President Janet Yellen has been nominated to
be Vice Chair of the Fed's Board of Governors, and thereby a voter on
the interest rate-setting, seven-member Open Markets Committee. Ms.
Yellen has earned a reputation for being one of the biggest inflation
doves among the Fed's top players." Schiff is famous for his accurate
predictions of the economic events of 2008.

Lindsey Williams
Dollar devalued 30-50% by end of year. It will become very difficult
for the average American to afford to buy even food. This was revealed
to him through an Illuminati insider.

Unnamed Economist working for US Gov't (GLP)
What we have experienced the last two years is nothing to what we are
going to experience this year. If you have a job now…you may not have
it in three to six months. (by August 2010). Stock market will fall =
great depression. Foreign investors stop financing debt = collapse.
6.2 million are about to lose their unemployment.

Jimmy "Doomsday"
DOW will fall below 7,000 before mid summer 2010- Dollar will rise
above 95 on the dollar index before mid summer 2010- Gold will bottom
out below $800 before mid summer 2010- Silver will bottom out below
$10 before mid summer 2010- CA debt implosion will start its major
downturn by mid summer and hit crisis mode before Q4 2010- Dollar
index will plunge below 65 between Q3 and Q4 2010- Commercial real
estate will hit crisis mode in Q4 2010- Over 35 states will be bailed
out by end of Q4 2010 by the US tax payer End of Q4 2010 gold will hit
$1,600 and silver jump to $35 an oz.

George Ure
Markets up until mid-to-late-summer. Then "all hell breaks lose" from
then on through the rest of the year.


With the BP disaster in mind the opening of the Stock Market tomorrow
should
be quite interesting. Watch: BP, Transocean, Halliburton.

brad
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  #2  
Old June 10th 10, 09:02 PM posted to talk.politics.misc,rec.boats,soc.senior.issues,rec.bicycles.misc,misc.rural
bo peep
external usenet poster
 
Posts: 1
Default Economic Collapse – Martial Law – 24 Experts Warn of 2010 Meltdown

On May 31, 5:42*pm, brad herschel wrote:
The crisis is accelerating and will become worse week by week until
the whole system grinds into a collapse, likely sometime this year.
And when it does, it will be the greatest collapse since the fall of
the Roman Empire.


At least it doesn't sound as bad as the Y2K disaster predicted a few
years ago on Usenet:

"Millions will suffer--millions will die--around the world and nation"

http://groups.google.com/group/comp....ll+die+%22+y2k
  #3  
Old June 10th 10, 09:43 PM posted to talk.politics.misc,rec.boats,soc.senior.issues,rec.bicycles.misc,misc.rural
external usenet poster
 
Posts: 723
Default Economic Collapse – Martial Law – 24 Experts Warn of 2010 Meltdown

On Jun 10, 4:02*pm, bo peep wrote:
On May 31, 5:42*pm, brad herschel wrote:

The crisis is accelerating and will become worse week by week until
the whole system grinds into a collapse, likely sometime this year.
And when it does, it will be the greatest collapse since the fall of
the Roman Empire.


At least it doesn't sound as bad as the Y2K disaster predicted a few
years ago on Usenet:

"Millions will suffer--millions will die--around the world and nation"

http://groups.google.com/group/comp....browse_frm/thr...


Armageddon is coming soon, and the predictions of the Mayans will
become true in 2012 even if that economic collapse is avoided.

So who cares if we have oil spills or BP goes under.


 




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