Monday, December 27, 2010

PREDICTIONS FOR 2011....(TENTATIVE)

1. THE FED WILL NOT RAISE RATES ... UNLESS AND UNTIL OIL IS OVER $150...AND GAS IS $4++

2. JOBS WILL NOT "COME BACK"...THEY ARE GONE FOR GOOD... 15% TO 20% REAL UNEMPLOYMENT IS PERMANENT.

3. SMALL BUSINESS CAN NOT PULL THIS ECONOMY UP BECAUSE SMALL BUSINESS RELIES ON BIG BUSINESS AND BIG GOVERNMENT FOR SUPPORT...

4. A BOND COLLAPSE WOULD BE CATASTROPHIC TO BERNANKE'S "BUBBLES FOREVER" VIEW OF THE US ECONOMY...WHICH IS WHY BERNANKE CAN'T RAISE RATES NO MATTER WHAT.

5. CHINA WILL BE MORE DEMANDING OF THE US AND THE WORLD...AS CHINA'S DOMESTIC ECONOMY SLOWS.

6. THE CHINA REAL ESTATE BUBBLE WILL COLLAPSE IN THE SECOND HALF OF 2011...CAUSING A KNOCK ON COLLAPSE GLOBALLY.

7. US HOUSING WILL DRIFT LOWER...STOCK AVERAGES WILL TREAD WATER...SUPPORTED BY MASSIVE MONEY FROM THE FED...THE SO CALLED "BERNANKE PUT"...

8. STATE AND LOCAL BANKRUPTCIES WILL BE NEEDED TO RID GOVERNMENT OF EXCESS PENSION CLAIMS BY PUBLIC UNIONS... A MAJOR STATE WILL GO BANKRUPT...TRIGGERING A FINANCIAL PANIC...PROBABLY IN MAY... OTHER STATES WILL TRY TO GET RID OF THEIR PENSION PLANS IN BANKRUPTCY.

9. FOX WILL BE TOTALLY DISCREDITED BY THE MSM... THE FOX "WAR ON AMERICA" WILL END. NOTHING LIKE THE CLOWNISH "TEABAGGER MOVEMENT" WILL BE ALLOWED TO HAPPEN AGAIN.

10. GOLD WILL GO TO $2000+...AND OIL WILL TEST $140+...GAS WILL HIT $4 AGAIN IN THE SECOND HALF OF 2011...

11. OBAMA WILL PREPARE TO END ALL THE WARS...AND CONCENTRATE ON THE US ZOMBIE ECONOMY.

12. EUROLAND WILL RECOVER BECAUSE THEY HAVE MORE GROW-UPS IN CHARGE...UNLIKE IN THE US.

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OK...THATS THE FIRST DOZEN PREDICTIONS...(TENTATIVE)...FOR 2011...

THE FINAL LIST WILL BE POSTED IN THE SIDEBAR...PERMANENTLY...LATER THIS WEEK.