ok, here goes. this is just the opinion of a 42y/o f living in the outer suburbs of sydney, australia.
i have been listening to gerald celente now for the last say 6 months. i have read alot here on ats, even though i rarely post, and also a lot on the
internet and you tube etc. i am giving it till the end of the year, and if nothing of any of these predictions come true im turning off the computer
and going out to enjoy the sunshine. from what i have read, many have predicted it all to take place before or on 8 november.
i will now outline my reasons for my believing what i have read. about 18 months ago when the gfc was coming to light for those of us who were not up
to speed with what was happening, i thought australia was heading for the worst economic times in memory. our prime minister kevin rudd then went on
one of the most massive spending sprees in history. he gave everyone money. if you were a family with kids, you got more. in total, being married
with 3 kids at school all up i received about $8000. my parents got about $300. he also gave billions to have roof insallation installed in as many
homes as possible. the amount was up too $1800 per home. all the tradesman in australia whether they be plumbers, builders even gardeners stopped
what they were doing and began installing insallation. funny enough, every home cost $1800 no matter the size. even ppl from overseas got involved.
every day you had indians coming to your door or ringing you at tea time asking to do your house. then 4 young men died due to not being trained in
this field. 3 were electrocuted in the roofs and 1 died of heat stroke because he was in a roof in 42 degrees installing this crap. the est temp in
the roof was over 70 degrees. finally the government had to call an end to the madness. they then started building a hall, canteen or library in
every school in the country. suddenly buildings that would cost $200,000 now cost $800,000. all it has achieved so far is too make the top 3
building companies in australia even richer than they were. this madness still continues today. the money was suppose to trickle down to the
workers. it has not. all im trying to say is that as a country, we now have the ass out of our pants. we are in debt. all it seems to have done is
delayed the inevitable. the crash is coming, but when.
it seems as though it may not be too far away. my husband is a butcher. for the last 2 months now things have gone quiet. extremely quiet. all
butchers are talking about it. people starting to be layed off. you wouldnt think it would affect meat sales as everyone has to eat, but it does.
i like to think of it like this. you trip, stumble for a few steps and you either go down or by some miracle you stay on your feet. i think the
world tripped about 18 months ago, right now we are in the stumbling stage. in the next six months we will find out if we fall and hurt ourselves, or
by some miracle we regain our feet and continue on.
so thats why im giving it till xmas to see what happens. and if by some chance we are still on our feet, im going to go out into the sun and enjoy
the great aussie summer, have a drink and think "#, that was close".
p.s - as of today it is in the news that next week the labor party is thinking of kicking kevin rudd out of the prime ministership. he will go down
in history as the first ever prime minister not to see out a full first term.