Thursday, June 11, 2009

Flu Pandemic

The moment I predicted has arrive on schedule. The H1N1 mexican swine flu pandemic is here. World braces for impact as sick patients flood hospital emergency rooms. This virus has made the jump from america to asia. Hong Kong schools are closing due to the epidemic. Children are at risk of an illness due to the rapid spread through sneezing.

People, this is not normal, in fact, this H1N1 virus is the 1st flu epidemic in over forty years since that dreaded Hong Kong flu pandemic in 1968. Back then people dreamed of one day going to the moon. Well, now we ignore such talk.

Wednesday, June 10, 2009

Stocks lower, interest rates higher

It was another down day for the dow. It appears that rising interest rates are destroying any chance of an economic recovery. Also, oil is going up, it closed today over $72/barrel. This is not a sign of recovery, but of discovery, as in the fact that people will pay at the pump. They have no choice.

Sadly, many companies are close to bankruptcy. GM & Chrysler were only the tip of the iceberg. As the financial situation deteriorates expect to see more stores close, and eventually malls shut down. This will leave to empty ghost malls and abandoned areas.

Tuesday, June 09, 2009

North Korean prisons

The two ladies that were sentenced to twelve years in a North Korean prison are no doubt living in deep fear. Unlike Bush who would have sent troops to their rescue, Obama prefers to give North Koreans flowery speeches. This 21st century Neville Chamberlain of our age who appeases monsters instead of confronting them is a lesson in why weakness is never an option.

Monday, June 08, 2009

Sucker Rally

Those who say that the economic crisis is over - are wrong. Hyperinflation is a worry going forward. In this environment, we have a strong possibility of complete collapse.

Analyst says that oil could go to $200/b. This would crush our economy. Gold will continue to rise. Sales are still falling, and unemployment is rising.

Sunday, June 07, 2009

Jobs of the future

OK say goodbye to those high dollar high tech jobs. OUTsourcing is sending good jobs out of the US and in its place we have more fast food minimum wage service jobs. Instead of getting $50/hr to build cars, you get minimum wage to build burgers.

Actually, our economic crisis means more jobs shipped offshore and less product made in america. The result is a soaring trade deficit and a drop in the dollar. Also, people do not make enough money to afford cars, houses, and other big ticket items. That said, we see a big drop in the number of houses sold, cars bought, and high end electronics.

Therefore jobs of the future are in the tourism industry as our country will need more people to clean hotel floors and serve meals. These jobs will pay very little and do not require college.

Saturday, June 06, 2009

Land of the Lost movie

Yesterday, I went and saw the time travel movie "Land of the Lost" which was quite funny and silly. The main character is a scientist that has developed a time machine that can take you back to the time of dinosaurs. This scientist reminds me of inventor Steven Gibbs.

Friday, June 05, 2009

mexican swine flu soon pandemic


Illinois has their 5th swine flu death. The flu did not go away, and ignoring it will not help you. People need to know that mexican swine flu is now causing very serious complications and potentially deadly bacterial infections.

I look forward to a day in the future, we no one gets sick and hospitals are empty. A day when we see disease as a distant memory.

Thursday, June 04, 2009

What recovery?

OK so one debunker says - severe recession is over, we are in economic recovery now. Hey, my reply is - remember GM appears to do well in 2006, but by 2008 only the fools still believe it will survive? Well, even dumber are the debunkers who waited until GM declares bankruptcy to then do a debunker flipflop and claim they always knew it would go under.

Toyota which makes the high quality energy efficient prius says that in May 2009 they sold 152,583 cars versus 257,406 a year ago back in may 2008. Things in 2008 were so bad that GM had gigantic losses, well they are even worse now. It is estimated that by the end of 2009 US gov will have spent 80 billion trying to bail out GM. If we were in an economic recovery you would expect sales of 300,000 cars instead of 150,000 cars.

Wednesday, June 03, 2009

Down day on dow

Another down day for the dow, after bad news came in. It appear the recovery is derailed. The Down Jones Industrial Average no longer contains GM which went bankrupt. Cisco is replacing it. AAA says that energy prices are going up. Gasoline which was $2/gallon last month is now over $2.50/gallon. I predict that we will see oil go up for two reasons. First we hit peak oil in 2005, second a decline in the value of the dollar.

Tuesday, June 02, 2009

Flying car

Maybe GM would have not gone under if they had come out with a flying car. This staple of science fiction is available as the Terrafugia flying car. It is real, and it is here. In fact, you could say the future is up in the air.

Monday, June 01, 2009

End of the road for General Motors

GM bankruptcy is end of an era. At one time in 1979 they had 511,000 employees, now they have 54,000. Last month sales of new cars were down 45% compared to last year which was horrible; only Chrysler did worse with sales down 52%, sales of the ill fated iconic Hummer were down 67%.

It truly is a sad day for america as its largest manufacturer closes its doors. The giant automaker made possible for many in labour to enjoy a comfortable life. However, now instead of america workers making 50 dollars an hour, we shall see chinese workers making 50 cents an hour. Times are a changing.

Sunday, May 31, 2009

What future do you see?


I am sure that back in the 60's when a mainframe computer cost a company millions of dollars in 60's money and filled a giant room with big flashing boxes. The boxes full of vacuum tubes which has to be air conditioned lest they would over heat, no scientist could have seen our world. It is true that they did imagine men on mars and flying cars, but few could have seen that their serious computer would be made use of to play games.

And not just any games, almost all based on destroying things - war games. A sad sight to see over grown men playing with their expensive toys. Practicing how to destroy.

Think about it, all that technology in use to have some over stuffed corn fed american constantly smashing the console controls with his fat fingers pushing the fire button. It is as if the world has been replaced by foolish people who do not value what they have.

Well, things are going to change. In a future not far away people will realize that war is not the way. The video game will join the roman circus in the halls of barbarity.

Saturday, May 30, 2009

Fallout over NK

Fallout shelters were popular in the 50's, but now we see that they could come back. People worry that North Korea could supply unconventional technology to enemies of our US. The problem is that many shelters are cold damp and dark places that are not very fun.

Friday, May 29, 2009

GM going bankrupt on Monday

Despite massive amounts of financial aid it proves impossible for our gov saving GM. The car-tastrophe known as General Motors having been losing money for a while now. This cannot come as a surprise to anyone except the most hardened debunkers who spent thier time laughing at me when I did warn them in 2005 of the coming financial collapse and economic crisis.

Live in the real world. This will hit the US economy like a freight train that is coming off the rails. The damage to our financial system is grave. Having one of the largest employers go bankrupt will take out many small part suppliers, automobile dealerships, and even related industries.

Wednesday, May 27, 2009

GM in woe

Things are so bad that even analysts are now saying Government Motoring, I mean General Motors will go bankrupt. Failure of the once giant automaker will have a ripple effect causing jobs to be lost at parts manufacturers, automobile dealerships, steel mills, coal mines, and across the board due to higher unemployment.

Sadly, many do not realize the importance of a healthy industrial infrastructure. They fail to understand how many industries are tied to GM. Sales of cars were down, but it was still possible for the government to keep GM alive on grounds of national security. That might have save us.

However, we instead chose to give billions to the banksters who produce nothing of value. History will recall our mistakes.

Tuesday, May 26, 2009

power sipping servers

The move to cheap new power sipping servers is a sign of an economic crisis. Just like we saw the $2,000 laptop replaced by a $200 netbook, I see small servers that are less hungry for power. There low cost energy efficient servers are what will power our new internet of the future

Monday, May 25, 2009

Future events


Back when the telephone first came on, there were only a few people getting it. Most felt it was not needed. They would send a letter via snail mail. Few could imagine a world filled with cellular telephones. The black box home phone is now so yesterday, yet at one time it was cutting edge.

As we see the future is usually quite different than we can see, unless we remote view the future. Blackouts are predicted by Steven Gibbs.

Not sure how this will happen, but our technology depends on electricity. Perhaps North Korea will use a nuke to create a massive EMP. The electromagnetic pulse would fry all our electronics.

In the future I have seen a dark sity scenario much like was seen by Steven Gibbs. This is where there is a power blackout and the city is dark. People can wonder how it happens, but my fear is that it will take place sooner than we think.

Sunday, May 24, 2009

Expect Chinese to dump dollars

Their appetite for US assets can crash soon. This can affect stocks. Expect the dollar to decline in value. Already, all eyes are on the dollar, and it is at a yearly low against the euro.

How can this be? Well, arabs want to switch to euro as the global currency. The see US as the enemy. However, both russia and china want america to lose its position as world power. Perhaps this will lead to a new currency the amero to replace the dollar.

Saturday, May 23, 2009

The Truth

I cannot say it any better.

Friday, May 22, 2009

recession is over?

Unemployment is today at 9%, the government says it will soon hit 10½% and may stabilize at 11 or 12. The cost of oil is going up, and the price at the pump will soon follow. Today was another DOWn day for the Down Jones Industrial Average. However gold shot up over $960/oz.

Things do not look good. Expect more banks to fail despite massive bailouts. Plan on getting ready for a category five financial hurricane to hit.