WALL STREET JOURNAL (02.2010)
"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."
Clever quote at the end of the statement.
Eric deCarbonnel His Website; Very Interesting
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 ...
The US debt markets will freeze again, this time permanently. There will be no buyers except at the most drastic of firesale prices,
The dollar's collapse will rob US consumers of all purchasing power,
AHA! He's predicting the dollar will completely collapse before 2011. I almost wrote him off... However, he has an interesting website.
Alpha-Omega Report (Trends Forecast)
Going into 2010, the trends seemed to lead nowhere or towards oblivion.
Oil prices will skyrocket into the stratosphere and become so expensive that world’s economies will collapse (based on Iranian actions.)
2010 could be a meltdown year for the world’s economy, regardless of what goes on in the Middle East.
They have a wishy washy stance. Maybe true maybe not... Only God knows. So, why bother, homey.
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.
Founder of Elliott Wave International, implores retail investors stay away from the markets… for now.
“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.
Current Research Director at the Foundation for the Study of Cycles:
... 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 (01.2010)
... stimulus and bailouts will just compound the central problem with debt. ... Six Months to Live: The economy that is. ... the buzz I’ve gotten the first two weeks of 2010.
Don't know them; ain't going looking.
Peter Schiff 03.13.10
"In my opinion, the market is now perfectly positioned for a massive dollar sell-off. ... My gut is that the dollar sell-off will be sharp and swift." ... Schiff is famous for his accurate predictions of the economic events of 2008. (AND is running for soon to be Former Senator Dodds' Senate seat in CT.)
Reminds me of a Star Trek episode (or movie) when Kirk exclaims that he trusts a guess from Spock more than having final navigational calculations from a computer!
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.
Is he milking a 40 year old 'brush with eliteness'? Or is he the real deal.
Unnamed Economist At 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 08.31.10.
Stock market will fall = Great Depression.
Foreign investors stop financing debt = Collapse.
6.2 million are about to lose their unemployment.
Jimmy "Doomsday" (AKA Mr. TellUsExactlyWhatYouReallyThink)
· 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
· California 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 & 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 & silver jump to $35 an oz.
AKA Mr. Jimmy "TellUsExactlyWhatYouReallyThink"
Markets up until mid-to-late-summer. Then "all hell breaks lose" from then on through the rest of the year.
And if someone has already posted this elsewhere on ATS... This isn't really a duplicate since I've trimmed the quotes as much as could for easy < 5 minute skim. Adding links and comments to uniquely qualify what is appearing to be a widely quoted piece of source text. "24 Experts Agree..."
[edit on 5·20·10 by DrMattMaddix]