5-25-10
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 Streetbelieves 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.
George Ure
Markets up until mid-to-late-summer. Then "all hell breaks lose" from then on through the rest of the year.
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.
George Ure
Markets up until mid-to-late-summer. Then "all hell breaks lose" from then on through the rest of the year.
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 &laqno; 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 marketcurrently benefiting
from upward momentum and peppier economic activityheaded 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 lossesAs
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.
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