Wall Street going DOWn

I see Wall Street as a giant game of chance, except the chances for you to attain success are limited you see it is like a crooked card game where the house has all the aces. Also the dice are loaded. Well, the last roll was snake eyes - you lose!

GM bankruptcy near

Wagoners out and GM is down. In fact, the dow drop 300 points on news of GM CEO being fired. A gov official says bankruptcy may be the best option for GM at this moment. Sales of new cars are dropping as people fear the fall of the late great automotive giant.

waste not want not

Waste not want not is a good metaphor for our time. Frugal living will make sense as our resources become depleted. It will require more effort, but we can made do with a lot less than we are now using.

Unemployent in seven states over ten percent

7 states are over 10% due to our economic crisis. The chill is in the air. Things are getting worse in 2009. There is talk of a bank holiday similar to the one we had in the 1930's during the Great Depression. In the words of a 99 year old lady who lives thru the Great Depression - thing have never been so bad.

Future Predictions

Many of HDRKID's predictions about future events have already come true. There are still many more that will come to pass this year. What we are seeing is a phase shift as US economy falls and other nations become more powerful.

EXpect gold to rise as people prefer yellow metal to worthless green pieces of paper. The future is now.

Traffic down

As the volume of traffic goes down we will see more malls close. I have seen big box stores like Wall mart shuttered. Ghost boxes and ghost malls are here. LOOK, we are going down!

Expect all systems to crash as we move into complete collapse. This is going to take place in our near future. Ghost malls are a problem that will create chaos. Resulting from our economic crisis our power plants will fail and america will go dark. This is known as the "dark city" scenario.

How do we improve our economy

For those of you that have a biz, the answer is to serve customers better. Actually, our job is to please our customers. Take a look at companies that are going under like GM, for years they sold a substandard over price automobile. Today in India, they came out with the Tata Nano for under $2000 - 100,000 rupee ($1,980) and it is a big hit. Frankly, we could use a nano, because current economic crisis has made cheap cars all the more important. If our GM is going to survive, it needs to make small fuel efficient cars that are affordable, not giant monster SUV trucks like the Hummer.

exec

This guy should get a job in AIG cuz he's a real pig.

Max Keiser

Max Keiser is inventor of prediction markets, for example he is creator of Hollywood Stock Exchange HSX which I sign up for when it first opened. Well, he is right with many of his predictions including a stock crash, collapse of housing market, and rise in gold prices. He is currently host of the Oracle TV show for BBC.

For the future Max Keiser talks about dollar death and hyperinflation similar to Zimbabwe, and the old german weimar republic. He tells people to hold gold.

Safe Haven Silver

Last year the Baltic dry index fell 93% meaning a global economic crisis was becoming a catastrophe beyond any ever seen including the Great depression of the 1930. Sadly, in the 1930's the gov took all people's gold.

OK, so a person want to know what safe haven to use. I still reply gold, but many cannot afford the yellow metal. Well, silver is often spoken of as poor man's gold. Get ready for things to get interesting and the future price of silver is up!

Up in smoke

Not too far from where I live a house that have been for sale for over three years without selling, did catch on fire and burn to the ground in a matter of minute. Beore the fire department had a chance to get out there it was a smoking ruin. Fire departments these days are very busy. Police departments are swamped with information about fires of suspicious origin. Yes arson, is becoming the hottest crime in the country.

I often wondered with all those empty abandoned houses in foreclosure what would happen to the their hollow shells. The answer is they are being deliberately set on fire by vandals or gang members. The sheer number of unusual fires in my area has now seen a marked increase due to arson. A local insurance agent is saying that they will have to adjust the coverage policy as our towns and cities turn into an inferno.