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Old December 13, 2008, 03:01 PM
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GordonJ GordonJ is offline
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Join Date: Aug 2006
Location: West Palm Beach, FL
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Default A dark and dire outlook for 2009.

Quote:
Originally Posted by Phil View Post
Bet GJA and company have a few stored away in their Holiday stockings...
Phil

Phil,

You know me well.

A dark and dire forecast for 2009.

Well, the one trend that will continue is the Recession/Depression. And for Michael Ross, NO, I havenít been reading my Kurt Saxon, but it might be a good time for all of us to start.

I see Martial Law in the streets of America with armed thugs and riots the likes we havenít seen since the 60ís. I see shortages. In fact, when the rich guys start hoarding the gold and diamonds, the rest of us should stockpile toilet paper and rice.

There will NOT be any segment of the American and world economy that isnít going to be greatly impacted in the next 6 months. You will see unemployment in double digits. Inflation/Deflation (a made up word for OOOPS Sorry about that) at record highs.

The housing market has NOT even bottomed out yet.

In 2009, more people than at any time in history will be personally effected by a natural disaster including wild fires, floods, hurricanes, tornadoes, twisters and more by man created ones including infrastructure failure.

The numbers of Govít employees will increase substantially in the first 6 months while the debt reaches heretofore never reached heights. There is a not so quiet layer of chaos that is circulating around the globe and you will see the sleeping bear of Russia come out of itís deep sleep with all teeth glaring.

There have always been Chicken Littles over the years from Howard Ruff in the 70ís to today, and the sky has never fallen, yet.

It is about to.

Iím convinced the people walking around the malls and Wal-Mart and TARGET are totally oblivious to the seriousness of the coming worldwide meltdown. There are those on this board who have written their opinions about the recession and how false it is. Please come back this time next year and weíll compare notes, OK?

There is a recession, there was and is OUTSOURCING that has had a major impact on the American economy whether you "believe" that there is no such thing or not.

I see very dark and dire times in 2009 for most of YOU and the world.
But then, I got vision and the rest of the world wears bifocals. (Thanks Butch Cassidy).

Gordon Jay Alexander
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