Economic Earthquake will rock USA between ending of 2018 & fall of 2019

The Peace of God to all that belong to the Light,
Dear readers,

I am so sorry if the thread appears to be negative, I am also sure that there will be reactions of any kind, but please consider that I was one of the few voices in the world on 2017 that correctly foresaw a great Recession coming to America about a year in advance.

I want to give a positive message to the people but also I need to be honest, that is the only way to remain trustable in the heart of the people that believes that intuition is a great source of crucial information in order to make good decisions on our future.

So I am taking a risk and deciding today to release this from my own chest since the winds that are blowing are not the ones of good things to come in the near future and their strength suggest this is not going to be a prediction to wait until January 5th to post.

Now, many that read my threads at that time at least had the opportunity to prepare themselves the best they could to be ready when the bad moments arrived.

Whoever have read my forecasts in the past knows also that I am one of the few that try to orient the people on how to maneuver during the storm, so here are some advise to suggest to you:

- This is a time to try to save all the money you can and spend only on strictly unavoidable needs.
- Time to plan our expenses based on the real acquisition capability of our income and not on go into abuse of credit.
- This is also time to repair any credit you have had unpaid for long time,
- This is a time to don't go into large loans, to be very cautious to take any credit with high rates,
- it is also a time to maintain your current position if it is working decently for you,
- Don't abandon your present decent job or business to go into adventures that will put you in serious risk when the economy starts to fall.
- This is Not a good time to fill out divorce in court but to try to maintain your marriage floating over at any cost.
- This is a time also to think in those very interesting courses that may complement with important skills your education instead to go in a hurry to graduate on a very bad moment to look for a job.
- This is a time to try to pay the most you can on your real state mortgage Now that there is still the possibility in order to
see if you have a chance to get that house right now or refinance the pending part in better conditions.

How is this new recession going to strike the American Economy?

Well i see very large corporations unable to maneuver under the drastic decrease on the demand of goods and services, many cuts of jobs are going to start to be more and more frequent, also branch offices of important companies are going to be closed.

The great recession of 2008-11 began with an expansion of credit as few times saw in American History, in such a way that people started to become in debt beyond their real capability of payment.

This recession in my opinion is not going to be triggered in the same way, it will be more a huge decrease on demand at the retail level that gradually will impact the sales of manufacturers all over the country and the operations on the transportation industry.

It is no longer realistic to think that America can remain solely moved as an effective economy with a market that has been controlled and monopolized in many sectors by a kind of giant octopus of the walmart retailing networks.

What are the signals that confirm we are not moving into the best possible scenario, but approaching an economic crisis, well they are certainly many:

1)The situation of the middle American class is not really good at all and the election of Donald Trump as President 2016 was the first ring of a bell warning us that the recovery period from the Great recession is really ending.

2) The erratic performance of the stock market on the last weeks is a second bad signal, since it reveals great nervousism among the investors, with rallies that become dramatically eaten by every time larger falls.

3) A third negative factor is the political battle that we are seeing taking place right now in America, the great instability that represents to have a government that is completely challenged by scandals, not really knowing for how long the current administration can handle the situation, with a President waisting more than half of his time in to defend himself, in spite of to have a large team of legal advisers.

4) An opposition party that will take over the house of representatives on January more decided than never before to push successfully an impeachment, and a government party that will do so via acquittance in the Senate extending a political drama that only creates instability and boycott any possibility to design long run policies through consensus.

5) The domestic violence has increased so badly on the last months, we have right now not a massacre in any place of America per month, but practically every two weeks, what is showing to us that there is people living under too much pressure and literally driven crazy in such a way that they have lost ground completely and are gravely insane of social resentment and feelings of failure.

6) The extreme concentration of the wealth on few hands will mess the economy, a grave mistake on the current economic model in to underestimate the negative impact of such abnormal extreme concentration of income, the so important role that the middle social classes traditionally have had in to move the Markets with their demand of goods and services.

7) A Media controlled by large foreign corporations is right now so much focused onto underline only the negativism and boost nervousness on the population by spreading constantly artificially news that are intended not to help to move the country but to weak the institutions at any cost.

8) The intransigent attitude of the political forces that will be present on Next congress to negotiate important agreements over fundamental aspects due to ideological radical positions that are clearly opposed and so sentenced to fail. The kind of Crises we are seeing on the time of global economy can not be fixed with simple recipes that belong to the time of dogmas created a century ago in the classical Economy schools developed in entirely different market conditions.

9) A grave increasing crisis of confidence and trust is taken over the American society as few times seen before, since the confrontation between political factions is right now spread in many directions affecting the reputation not only of politicians, but of business men, professional sport men, journalists, actors, public figures and even religious organizations. Never before we have seen so many important institutions involved on scandals of credibility.

This December-January season will begin to show signals of low performance, one that will turn even more mediocre along the first months of the next year and by the summer of 2019 we are going to face really challenging scenarios with a lot of businesses filling-out bankruptcy and firing thousands of employees.

The thread is of course open to the discussion of the topic specially for all the ones that are also feeling steps of large animal coming in our direction.

As always thanks for your attention,

God Bless you,

The Angel of Lightness

Is this prediction a result of your personal analysis and conclusions or is it from other sources?

Personally, besides the always good advice on handling personal finances, I believe you are wrong. The economy is strong and will continue to expand. People will continue to produce offspring and they will consume. The interest rates upward movement has caused some market fluctuation but it’s good news that the Fed is letting the rates rise because the economy is growing again.

Sorry but not buying into the doom porn.

If you say 'something bad is coming' enough, eventually you will be right, I guess.


But, is constantly waiting for the next bad thing really how you want to live your life?

It's all good. That gives the rich and the corporations plenty of time to move their tax cuts off-shore.

a reply to: The angel of light

Angel of the dark is back!
Where have you been? Meditating in Narnia?

I ve missed your failed predictions.

a reply to: The angel of light

You could be right.

There's plenty of shops closing down over here in the UK. Many people going out of business. More people on the streets etc..

a reply to: TruthxIsxInxThexMist

That trend is not just over there, here in America the previous year we saw an emblematic large company in electronics filling Bankruptcy, the Texan one RadioShack that 2 or 3 decades ago was a leading one during the Microcomputers technology revolution.

This year another giant of the past, symbol of the American dream of the 1950s, Sears Roebuck is dealing with an extremely difficult similar situation , they are forced to close more than 40 shops across the entire country in order to dont disappear at all

It is not only two large companies what are failing but a large chain of former suppliers of products and services that were traded through them who are losing completely their way of life.

We can lay down and imagine that everything is alright visualizing and ideal scenario but if we don't encompass a very real national effort to foreclosure the current crisis of lack of consensus and confidence this is going to take over many more companies at faster pace sending a lot of people to the streets unemployed.

Who that has eyes to see it is better that use them to start to see now.

The Angel of Lightness

There was never a ‘recovery’ from the Great Recession.

Criminals on Wall Street have gotten bigger bonuses than ever.

Trump is bringing the jobs back at a rapid rate. He is cleaning out the corruption within the DOJ and FBI and other agencies that was so rampant in the Obummer, Bush, and Clinton presidencies.

Honestly, I have been reading your threads for a while, never have seen anything you say really come to pass.

You might see negativity, I see things getting better. Turn off the fake news, get some popcorn and enjoy the show.

a reply to: The angel of light

Well i see very large corporations unable to maneuver under the drastic decrease on the demand of goods and services, many cuts of jobs are going to start to be more and more frequent, also branch offices of important companies are going to be closed. The great recession of 2008-11 began with an expansion of credit as few times saw in American History, in such a way that people started to become in debt beyond their real capability of payment. This recession in my opinion is not going to be triggered in the same way, it will be more a huge decrease on demand at the retail level that gradually will impact the sales of manufacturers all over the country and the operations on the transportation industry.

AOL I agree with this analysis.

The key to economic health has always been demand. The ability of the lower middle class to purchase.

They have systematically torn asunder the ability of the lower and middle classes to purchase and their security...
They HAVE NO FUTURE!

The rich have been coddled so much by the politicians and allowed to destroy economically the vulnerable

A long process of conservative and neo-liberal economics has destroyed the lower, middle class, and lower classes economic security

And eventually, it will cause the kind of crash you speak of. It’s inevitable.

Greed will be the thing that destroys the economy as well selfishness and ignorance

And those that have given power to the beast will learn a hard lesson

a reply to: Cancerwarrior

Look, you can deceive yourself all what you want, it is pretty clear that you have your Saint to pray to, well I hope he is going to give you a hand when you become in need from his many millions, that he loves you more than them.

I am here since many years more than even you have enrolled in ATS so your opinion about me is nothing really I can be worried about.

Your cheap rhetoric is not going to hide the fact that you are the one that is trying to spread fake opinions on people that is already well known in this community, contributing with good stuff instead to be predating others, not in vane along two decades I am being read by many that trust in my good judgement to predict events correctly.

There is a well recognizable strategy when somebody who really does not have a solid argument to present in a discussion uses, that is not to debate an idea but to try to hurt others reputation, since in absence of them well personal attacks are the only way to go through.

The Angel of Lightness

a reply to: Willtell

Well,

Also there is another bad indicator of how soon we could be in a worst case scenario, Forbes has released just this summer a research study that shows we are in a historic record of pensioners people filling out bankruptcy.

Forbes: Bankruptcy boom among Elder Americans Summer 2018

This extremely bad since it is the segment of the population that supposedly has achieved something substantial in life, they are the ones that have already a well developed career and must have accumulated the fruits of many years of work.

Now the bankruptcy of a major retail like Sears is right now, in what concerns with pensions obligations, already transferred to the financial sector, the real question is Not if that is a time bomb, but when is going to explode?, for how long those creditors are going to be able to afford that?

federal Pension Benefit Guaranty Corp covering pension obligations of Sears Roeback in Bankruptcy

During the Great recession retired people were performing in many aspects even better than youngsters, in spite of all the crisis of mutual funds, since many of them were already owning houses or businesses or other means of capital.

While young professionals were unemployed with huge financial responsibilities weighted on their shoulders, facing banks that were trying to collect their money in any possible way, with real state that was not already paid, the elders at least
had their own houses, cars and savings to support them.

Many young Americans that were married before the great recession, living independent lives, returned to their parent houses during the crisis looking for a way to escape from a total collapse.

Thanks

The Angel of Lightness

a reply to: The angel of light

nervousism

Is that a word?

a reply to: MysticPearl

It is possibly not elegant or scholastic language, and you can say that perhaps is urban one, but it is used by many, even among psychologists.

Please check

Anxiety vs Nervousism

Now if Irving C Rosse , author of The First Landing on Wrangel Island feels comfortable using it why No to use it here?

Please check:
Irving C Rosse quoted about Nervousism,

Any way thank you for your interest to check the correctness of the language, I appreciate that.

By the way there was a typo in the first paragraph of the opening post, the year there mentioned was 2007 when i forecasted the Great Recession entering in America due to the inability of George W Bush to stop the wave of speculation with the extremely high prices in Gas and their negative impact in to contract the effective acquisitive power of the income of Americans to pay their financial obligations.

I am not surprised at all with the negative comments of Trump fans, in 2007 there were many also attacking me and a lot of Bush supporters claiming they were going to their best Economic time, how many of them are still loyal to him? Well, I am certain that possibly his own wife and daughters, because his very brother blame him for his failed try to run for the White house.

I want to see how many of these Trump supporters will be still backing him after the crisis arrives. Although in the opening post I clearly pointed that the responsibility of what is coming is not solely his, it is shared with the rest of the political class, Republicans unconditionally supporting him and Democrats boycotting him all they could too.

The two bands are so concerned in to determine who is going to win their battle without noticing that the mess they are creating is going to lose to war for all.


The Angel of Lightness

originally posted by: The angel of light
a reply to: Cancerwarrior

Look, you can deceive yourself all what you want, it is pretty clear that you have your Saint to pray to, well I hope he is going to give you a hand when you become in need from his many millions, that he loves you more than them.

I am here since many years more than even you have enrolled in ATS so your opinion about me is nothing really I can be worried about.

Your cheap rhetoric is not going to hide the fact that you are the one that is trying to spread fake opinions on people that is already well known in this community, contributing with good stuff instead to be predating others, not in vane along two decades I am being read by many that trust in my good judgement to predict events correctly.

There is a well recognizable strategy when somebody who really does not have a solid argument to present in a discussion uses, that is not to debate an idea but to try to hurt others reputation, since in absence of them well personal attacks are the only way to go through.

The Angel of Lightness

Do you even see how you disassembled your own argument?

Please observe

You said:

I am here since many years more than even you have enrolled in ATS so your opinion about me is nothing really I can be worried about.

Then you said:

There is a well recognizable strategy when somebody who really does not have a solid argument to present in a discussion uses, that is not to debate an idea but to try to hurt others reputation, since in absence of them well personal attacks are the only way to go through.

You really sound very angelic.

originally posted by: The angel of light
a reply to: Cancerwarrior

Look, you can deceive yourself all what you want, it is pretty clear that you have your Saint to pray to, well I hope he is going to give you a hand when you become in need from his many millions, that he loves you more than them.

I am here since many years more than even you have enrolled in ATS so your opinion about me is nothing really I can be worried about.

Your cheap rhetoric is not going to hide the fact that you are the one that is trying to spread fake opinions on people that is already well known in this community, contributing with good stuff instead to be predating others, not in vane along two decades I am being read by many that trust in my good judgement to predict events correctly.

There is a well recognizable strategy when somebody who really does not have a solid argument to present in a discussion uses, that is not to debate an idea but to try to hurt others reputation, since in absence of them well personal attacks are the only way to go through.

The Angel of Lightness

Yeah, this is my third account. Lost the passwords to the first two. I’ve been frequenting ATS since 2006. At the tail end of what I call the good old days of ATS.

I’ll read your threads from time to time. That’s a fact. And I have yet to see any of your “predictions” amount to anything. That’s another fact. Not attacking your character at all. Just stating the facts.

Emotional much?

I pray to no saints. I pray to my one and only creator. And what I’m watching happen around me is much different than what the pretty people tell me to believe on TV.

Maybe it’s you who should stop spreading the fake news my friend. The sun will rise tomorrow, the world will be here regardless what the economy does. Get over yourself and enjoy the show.

o7 And Happy early Veterans Day everyone.

a reply to: Cancerwarrior

Really?

Why did you lose your other two previous accounts?

For having a good use of them?

or by compulsively lying?

Let's see what the future will determine on this business, my prediction remain as I stated, i am not going to change even a word on it to please you or gain your approval or the one of any body else.

As always I say confident let the facts be the ones to vindicate me, not anybody else words or opinions.

The Angel of Lightness

a reply to: a reply to: whywhynot

This is not a contest of rhetorics, the forum is to share personal predictions and I am pretty good on formulating them

You have judged me using labels that perhaps respond very well to the politics of this time and place but have really nothing to do with me.

Again I didn't come here to demonize your Holy man of miracles just to tell what I see is coming at future, either if you want to believe or not I don't think his masses hypnosis or his entertainer skills will do too much to change that.

A good Economic future depend on hard and serious intelligent work to create consensus, to negotiate differences and a leadership focused in to unite people to achieve common goals, Not into spend many hours every week tweeting aggresive statements or agitating people in the open spaces to divide more a nation against itself and undermine more its crisis of confidence.

Ruling a so much diverse and complex nation like America is several times more challenging than manage a Casino.

The Angel of Lightness

a reply to: Cancerwarrior



Trump is a dark evil force in the world
He is a criminal himself and if you don’t see that you’re pretty blind.

He lies every time he opens his mouth has committed massive fornication and paid off people to hide it and the WSJ a conservative paper has just exposed him and his lies.www.wsj.com...

He’s the most sinister, demonic, and dishonest and depraved president in the history of this country and only God himself can save America from this fiendish devil Donald Trump.


Obama brought the economy back all Trump has done is cut taxes for the rich and foolishly created havoc in the economy with his sanctions and tariffs.

Finally, the American people have woke up and the Dems took back the Congress to stop this wicked, evil fool, Donald Trump

a reply to: Willtell

I would like to frame this.

a reply to: The angel of light

Ok I just figured you out, dude you need to just say no to drugs. Truly they mess you up.