US - 2009 Predictions

Re: US 2009 Predictions

Postby LenaHuat » Mon Nov 30, 2009 9:38 pm

Hi Poland
it could meant life style change for the better....more walking, cycling, re-cycling, re-work, repair , relax & etc......hence less $$ spent.......

Wish the Chinese read this too :!:
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Re: US 2009 Predictions

Postby LenaHuat » Tue Dec 01, 2009 10:08 am

Very early 2day, Steve Liesman of CNBC said that the Fed will be executing a mini reverse repo that will drain some liquidity from the system. Wonder if the Fed is rehearsing for the BIG act :?: Gotta watch out for it. Australia is spiking up rates again.
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Re: US 2009 Predictions

Postby LenaHuat » Wed Dec 02, 2009 1:58 pm

LenaHuat wrote:I promise to look up the HK soothsayer's prediction.
Wow, it's going to be a sharp spikey recovery from 最差 to 最好 :o .
So, how :shock:


This guy's right again :o
Wonder what he's got to say abt 2010.
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Re: US 2009 Predictions

Postby millionairemind » Wed Dec 02, 2009 2:02 pm

最差 to 最好 = only 2% drop and recovery???

I was expecting a 20% drop :P
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Re: US 2009 Predictions

Postby kennynah » Wed Dec 02, 2009 2:05 pm

LenaHuat wrote:Very early 2day, Steve Liesman of CNBC said that the Fed will be executing a mini reverse repo that will drain some liquidity from the system. Wonder if the Fed is rehearsing for the BIG act :?: Gotta watch out for it. Australia is spiking up rates again.


fed reserve plosser already mentioned last night that fed needs to hike interest rates much sooner than expected to rein in possible runaway inlfation...

now, time and again, they have said along the similar line...therefore, to believe them is to see them actually performing some actions... thus, if what liesman claimed is true, then it is a clear signal... but wait...where to check on repo and reverse repo actions by fed? (couldnt get bernanke on the line just now)
Last edited by kennynah on Wed Dec 02, 2009 2:23 pm, edited 1 time in total.
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Re: US 2009 Predictions

Postby LenaHuat » Wed Dec 02, 2009 2:21 pm

Hi MM and K :D
I'm also surprised with the small correction in STI and DOW but HSI got sliced up. I think rate hikes will take place, probably 1Q 2010. Just a few days ago, BOA/Morgan Stanley released a report abt a possible 2 year bull rally in the pipeline. Bill Gates talked abt a plateau. Diversity is the wunderful thing abt this world.
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Re: US 2009 Predictions

Postby LenaHuat » Thu Dec 03, 2009 9:11 am

Everyone has his/her eyes on tonite's employment numbers. Reading the LATimes, I would find it hard to predict rosy numbers :
(a) Wells Fargo to shut 122 branches in California

(b) Hotels inundated with job applicants
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Re: US 2009 Predictions

Postby iam802 » Thu Dec 03, 2009 9:31 am

Heard on the BBC radio.

Due to budget deficit, the prisons may be releasing some the prisoners and I think that will contribute more to the jobless rate.

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Re: US 2009 Predictions

Postby kennynah » Thu Dec 03, 2009 1:53 pm

i thought the better solution would be to get private homes to house individual prisoners...the state pays the household for the service and the prisoner remains under house arrest... 8-)
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Re: US 2009 Predictions

Postby winston » Thu Dec 10, 2009 10:11 pm

Doug Casey: The great parallels between the U.S. and ancient Rome
From Doug Casey in Conversations with Casey:

Along with the Greeks, the Romans form the base of Western civilization. We know a lot about Rome now, and they were people exactly like us. And the rise of Rome does in many ways parallel the rise of America. Its rise, its peak - and at this point I think you can even see its decline reflected in the distant mirror of Rome.

We see the same change from a republic to a highly bureaucratized state with tentacles all over the world and great importance placed on the military. The population relying on welfare (after the time of the conquest of Egypt by Caesar, most of the grain and olive oil, the two big commodities of the ancient world, were no longer grown in Italy; they were imported from Africa and given for free, or nearly free, to the people in Rome).

Even what went on in the Circus Maximus, the Coliseum, and their many copies in smaller cities, has its parallel in today’s massive football events - not to mention cage fighting and other grisly sports. The big one, of course, is the gradual destruction of the currency.

Quite interesting to me is that in the days of the republic, Roman coins portrayed mythical figures, like gods and goddesses, and ideal concepts. They changed to portraits of the emperor after Caesar.

In the U.S., 1913 - which was a pretty bad year overall, with the initiation of the income tax - was the year the first coin with a dead president’s head on it was introduced, the Lincoln penny. Before then, we only had things like Liberty, Indians, buffaloes, etc. on our coins. Since then, all our coins have had dead emperors on them. We started out with semi-mythic figures like Washington and Jefferson. But now we do the recently dead - Roosevelt, Kennedy, Eisenhower.

It’s simply wrong to put the features of your rulers on the coinage. And the Romans, before Augustus, agreed. And, of course, gold was taken out of daily circulation in 1933, silver in 1965, and copper from the penny in 1982.

Nothing new.
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