Losses in China force sell off
US markets followed China lower as news of economic recession getting worse comes out. OK as you have been told before - there is no recovery. This is now.
US markets followed China lower as news of economic recession getting worse comes out. OK as you have been told before - there is no recovery. This is now.
Take a look at what happen to US unemployment numbers when our automobile industry fell apart. Toyota says it may close 51% of domestic production. Jobless numbers in japan are at a record high. The lost decade extends. Exports are dropping due to US economic recession. Ruling party is ousted by a new political party. Japanese voters want change.
Labels: japan, unemployment
Hacker Alberto Gonzalez who stole 130 million credit cards will plead guilty. He went by the alias soupnazi or segvec. This is the greatest internet threat in history.
Dollar death is one of my predictions. At one time the dollar was worth more than a euro. The dollar falls against the euro due to our spending a lot and producing little. What we need is to stop spending and start saving money.
Sadly, a chapter is passing in our long saga. Disappearing pay phones mean that many have trouble calling loved ones. Still, there are fond memories of the old quarter gobbling pay phone. I remember calling my girl friend on a pay phone years ago. There was always a time when you wanted to use a public telephone to make a quick call. Well, now those days are but a distant mist of memory. There are few of those colorful classics still around.
What we are seeing is an economic implosion of massive proportions. People, we are out of money. This is a sobering wake up call to all intelligent people. How much longer can we go down this road, without a major crash?
OK one analyst says our country would be healthy with a weaker dollar. This is disaster, and will be coming soon. Expect higher oil prices and what is worse - much higher food prices. A wreaker dollar, it perfect for our economic WREAKcovery.
Debunkers that were laughing saying that oil prices would not go up. Well, now they see that despite high unemployment and a reduce demand for petroleum products we see oil near $75. This is because the dollar is declining in value. People, as we print more green pieces of paper, expect oil price to rise. Future price of oil is up. This will affect other commodity prices. For example, food will also rise in price.
There was this movie about a farmer who built a rocket in his barn. Jose Fernandez is the real astronaut farmer. He went from farm fields to outer space. What an exciting trip it was. This son of mexican migrant farm workers joined NASA and became an astronaut. He is an inspiration to all.
People accuse me of preaching gloom and doom. Well, reality is max gone. Expect that our recession will get max worse. WREAKcovery is now.
I am fed up with the fed. Ben Bernake chairman of fed says recovery is near. I believe in 1930 is was "prosperity is just around the corner." And come 1939 unemployment was still over 20%. The thing that got us out of the Great Depression was WWII, and I do not look forward to WWIII.
There are many mini notebooks that want to compete with the success of netbooks. In fact, some say we should drop the netbook name. They are against the low power tiny screen netbooks that could turn us into a netbook nation.
Labels: netbook nation
People, our oceans are in trouble. In July, global oceanic temperatures broke records. This is very bad because we now "sea" that global warming is real. Greenhouse gases are causing our ocean to warm up. Normally cool ocean currents now carry less oxygen and fish are dying. Things are getting a bit hot.
Labels: ocean
Forget the venus fly trap, because here is a rat eating plant. It is probably the biggest carnivorous plant in the world and then some.
Shanghai stocks skid to biggest percentage drop in the year. People this is serious. The asian economies are the economic engine of the world. Take a look at Walmart, over 90% of products say MADE IN CHINA.
If asia falls the west cannot be far behind. Actually, the reason for the fall is weak sales to the west. It seems we are in a down ward spiral as our talk spin sends us down to destruction.
While the dumber than dog dirt debunkers scream "stocks are going up." Wall Street insiders are dumping the dow. Time to wake up!
Things look real bad for those who were dumb enough to put their money on wall street. People, you will soon remember my words. It was a false rally. Get out while you still can.
British empire takes over rule of Turks and Caicos Islands. This is so strange. Well, now the queen is the ruler of turks. I wonder why more press is no going on.
Labor department says year over year initial jobless claims are up 28%. That means as bad as things were last year, and trust me they were not good, this year it is worse 28%. In fact our economy is still in a tail spin heading for a crash. This does not sound to me as an economic recovery. I mean our severe recession started in 2007, and here we are in core 2009 and it is getting worse.
Labels: economy
People, politicians are liars. They told us we were in a recovery. Well, guess what - retail sales are down, and unemployment is up. This is bad news for states like California which are reeling from a drop in sales tax. Already, certain states like Illinois, home of Obama's Chicago gang have raise sales tax to 10%.
Expect as things get worse for states to raise both income tax and sales tax. This is not economic recovery that we are seeing, rather instead an economic ruin.
OK in very shocking new, GM volt gets 230mpg. Is that highway or city? The electrifying GM Volt is on for its US launch on 2010 or 2011. GM CEO Fritz Henderson want to launch the car even before we have a network of charging stations. Personally, I see little market for a $40,000 electric car.
Teleportation - is it possible? Well, there was once a science fiction movie about teleportation called "THE FLY". It is a bit gross, but a human and fly teleported together and got mix up. Oh, but the results were so horrifing we still remember it like yesterday - a hybrid fly man.
Labels: teleportation
There is a pattern of not telling us the truth. People osamacare is bad for you. This will ration health care and worse off are seniors, retarded and disabled citizens.
Labels: osamacare
Sales are deteriorating and new home sales are very weak. All this talk of a light at the end of a tunnel is pure hog wash. What we have seen in 2009 has been sad. People the houses of cards is still falling.
The dream of a hybrid hummer will probably never come true now that China own this iconic GM brand. However GM want to create a plugin hybrid SUV for 2011. OK we are sure this will be an attempt to green wash an already tainted truck.
Obama's numbers are going south like a migratory goose in winter. In fact, Obama's approval numbers are dropping on economy concerns.
Folks, this is reality. There is no recovery.
3D could soon be on a computer near you; yes, as in youTUBE! Google is working on 3D TV on Youtube. This would be so mega. It would being television into the 21st century. Hope there are 3D cameras to film in 3D soon.
Tax will go up, you will have less income. People who save money, weeeellll, with inflation it will become worthless. What can we do? OK buy gold and silver. Be bullish on bullion. Precious metals will retain value in a time of trouble. Both gold and silver go up in the future.
Instead of little children with wings, the Bible describes them as great warriors. OK one of the most infamous angels is the fallen angel Satan the great red dragon known as the Devil. However, most angels follow God and do His will. The Bible talks about a great war in heaven between Michael and Satan. Perhaps we now understand why things are so bad here on earth.
OK in our good news/bad news story - recession is over, depression is here. Things are getting much better say pols, but I say more worse.
Expect shortages of food and fuel in the future as the dollar crashes and US has trouble getting supplies from abroad. There will be much social unrest as our population goes hungry.
I predict that there will be in the future a war in iran. This will close straights of hormuz where 17 million barrels of oil flow every day. The effect of this global nightmare will be a dramatic dive in stock prices on wall street follow by a rise in future oil prices.
Expect oil to go over $200/b and keep rising. OK mean while the dumber than dog dirt debunkers will say that all is fine, but this means our severe economic recession which is already turning into a global depression will get that much worse.
Labels: future oil prices, iran