American Brace for the next wave of foreclosures
But a painful part two of the slump looks set to unfold: Many more U.S. homeowners face the prospect of losing their homes this year as banks pick up
the pace of foreclosures.
"We are right back where we were two years ago. I would put money on 2012 being a bigger year for foreclosures than 2010," said Mark Seifert,
executive director of Empowering & Strengthening Ohio's People (ESOP), a counseling group with 10 offices in Ohio.
and you want to guess something else
yahoo MIT researcher
Most of the computer scenarios found population and economic growth continuing at a steady rate until about 2030. But without "drastic measures for
environmental protection," the scenarios predict the likelihood of a population and economic crash.
However, the study said "unlimited economic growth" is still possible if world governments enact policies and invest in green technologies that help
limit the expansion of our ecological footprint.
and the paper they reference site
Limits to growth
Home
In 1972, the book “Limits to Growth” was published. It argued that unchecked consumption and economic growth on our finite planet was leading the
Earth towards ‘overshoot’ of its carrying capacity, followed by disaster.
In 2004 an updated edition was published; “Limits to Growth: The 30 Year Update“. Analysis of data gathered over the time since the first edition
showed that the original models appeared to be realistic. Oil industry expert Matthew Simmons was quoted on the cover of the 2004 edition:
Predictions-
Housing market going south again
Without maximizing resource usage economic and environmental breakdown..
I find myself doubting the sincerity of the last one a hundred percent.. Let me rephrase this... the timing of it is my source of questioning of
it.... I am of a highly untrusting nature of the media and its tools...
I do however agree to the necessity but for different reason...
I dont not have a love of trees and want to go make love to one...
However,I do want space travel and the necessary technology will come from the what is being mislabeled green side of the tech tree
hydro-ponics
Solar converters
Hydrogen fuels
Converter cells (yes different tech point then solar)
Gravametric drives
artificial gravity
the fastest way now is from the other avenues of tech... I will interpret this papers to mean that the necessity of invention will soon be upon
us...
What this adds to my predictions is two new factors, maybe....
The main question is this... assume for a second this 2nd GD hits pre-election-
game changer
We might see artificial manipulation of these factors coming up soon to prevent temporarily the 2nd GD from hitting pre election...
if this is coming-
expect news on the financial front soon- The white will sign into law something or the Fed will act within the next two weeks...
They have to have time for the band-aide to be deployed long enough for the election
Prediction-
without a leader in DC- expect similar Austerity cuts just like the EU is enforcing.....
(social security- va pensions- federal pensions)
The us might seize state funds as well- (relax the o-man will make it legal)
You might see the beginning of the construction of more interstate tollways
You will see at least three more taxes- revenue generators-
Obamacare might pass... the government needs the funds from the fines....
any of these attempts are band-aides for the chief source of the problem which will not be address
Again another timebomb in the form of the Unsustainability factors is built into this economy are gathering like a Super Economic Perfect Storm... the
conditions are all there
