Posted by Ella Moss on August 9, 2011
So it happened.
In my predictions in Financial Crisis – It’s Not Over Until It’s Over I was wrong by pinpointing 8/1/2010 as the crest of our economic troubles. The economic tsunami came exactly 1 year later.
I think it is because I have mistaken Mars for a trigger of the events. As I’ve said in my article The Moon, the trigger was the lunar eclipse that came on the darkest day of last year – the winter solstice. It fell on those sensitive degrees, marked by planetary war on American Venus that I have described in Financial Crisis article.
This lunar eclipse made things darker and bigger. Not only our economy has trembled, but the political debacle over debt-ceiling marked the crisis of our government as well.
Our country is in the free fall, just like financial markets, because our government was found to be absolutely inept.
Here I’d like to cite from an article I found on the internet today:
“Economics professor Bradford Delong, from the University of California-Berkeley, says the damage done through the six months of wrangling over the debt ceiling, which analysts note has been lifted 78 times since 1960 and 49 times under Republican presidents, was a distraction the US could ill afford.
Writing in the Australian Financial Review, Professor Delong decries the neglect of all the “useful policies that might have been debated and enacted, but were not”, citing climate change initiatives, policies to boost employment, education and healthcare financing, plus improvements to America’s “decaying infrastructure”. These policies, he believes, would help improve the economy in the long run and bring down unemployment that, according to the US Bureau of Statistics, is at a high of 9.2 per cent. Looming large also was the loss of standing as “conductor of the international economic orchestra”, Professor Delong wrote, warning that if the US can no longer be relied upon as the arbiter of global governance, then the world needs to develop “other institutions for global management” – and fast.”
Well, Chinese are already issuing warnings of dollar devaluation, acting as the financial cop of the world – the title previously reserved for the U.S. government.
We are sliding from our perch of super-power to the “also has been” super fast, and there are not enough grown-ups on the Capitol Hill to save us. I think I was overly optimistic in all my predictions. I think I should revise them as follows:
a) the U.S. is going to be marred in prolonged depression, with real unemployment (counting those who are no longer eligible for benefits) at about 30%. The wage and property deflation are going to make 90% of the population to be so poor as living hand-to-mouth. Meanwhile, groceries, gas and transit costs are going to grow at 10% – 20% inflation rates.
The economy is going to contract until 2014, when it may begin to show some growth again.
The majority of the population will remain poor for many years to come though, as policies and competition over jobs would wipe out unions and, with them, the remnants of the middle class. In other words, we are no longer going to be the consumer society, with 70% of economy depending on consumption.
b) The crime and civil unrest would become much more evident for many years to come.
c) Politics would continue to make our government more and more disfunctional
d) The good news is we are likely to stop making wars abroad
e) Europe is not likely to be spared either. Once Germany is going to find itself unable to carry the rest of the European states, European Union is likely to disintegrate back into miriad of states, and so will the euro.
f) Chinese economy will faulter as well, as dollar and euro falls, but it will survive and will take the super-power title
g)Russia, Canada, Australia, Brazil and India will fair much better, getting stronger over the next decade, while the U.S. and Europe are going to struggle to survive.
h) Africa, Afghanistan and Middle East are going to continue to be the worst places to live in, maintaining the global terror threat.
In other words, it sucks, and whatever Obama or the next administration is going to do is going to be too little too late.
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Posted by Ella Moss on February 27, 2010
In my previous articles Financial Crisis: It’s Not Over Until It’s Over and More on the Great Financial Disaster of 2010, I’ve predicted 2010 being an interesting year that would go down in history as the year when the world we have known since the industrial revolution finally bursts its tires. We are already seeing pigs fly (these “pigs”, of course, being Portugal, Ireland, Greece and Spain). Italian finances have also been questioned recently. I doubt that Germany, France and Great Britain can bail out the rest of Europe.
Don’t forget that Eastern European countries are likely to be the next pigs to fly.
What’s in it for us?
As European Union falls on its face and euro devalues to almost nothing, American exports would stall, American manufacturing would dwindle to its lowest yet, American corporations would run to hire the best and the cheapest labor force on the planet (that would be the European one), and we here are going to struggle with unemployment of such proportions that 10% would seem like a reasonable figure.
We are already seeing enormous inflation when it comes to basic staples of life (rent, food, transit and all kinds of insurance costs went up significantly in the past 2 years). At the same time we are seeing deflation of real estate, clothing, furniture, electronics and luxury goods. These trends are likely to continue.
I really feel for Obama Administration and sincerely pray for them every day. This administration inherited the crisises created by the previous administration. These crisises are as grave as they come.
On top of it, the people who created these problems are trying to undermine Obama at every turn – just because he is not a republican.
Bill Clinton had to endure the republican ire too, and for the same reason – he was not a republican. Remember the impeachment debacle? That was the time when I stopped watching my soap operas and turned to politics for entertainment.
What tickled me the most then was how easily Larry Flint succeeded in outing the sins of the stone throwers. Do you remember how many republicans had to resign because of their extra marital indiscretions?
The republicans did not succeed then either because Clintons bit back or because they realized that they may loose all their leaders to Flint’s private investigators.
They have succeeded though by manipulating elections of 2000. Not many know the true story behind Bush Jr.’s victory.
The story goes like this: Bush the elder brother (the governor of Florida at that time) managed to eliminate thousands of voters from the list under suspicion that they were felons. The great majority of suddenly eliminated voters (who had no idea they were eliminated) were not felons. They were simply democrats.
Then that Bush places a call to the anchor of Fox news in the middle of vote count and tells him that Bush Jr. won in Florida long before all the Floridian votes were in. That anchor calls the vote. Dan Rather, dismayed that someone else got the results before him, immediately follows the suit, and the rest of TV anchors follow him.
The rest is well known.
Bush Jr. ascends to the throne and immediately proceeds to damage his country.
His first blunder: NEGLIGENCE THAT BORDERS ON THE TREASON. He had the report about the imminent attack by Al Qaida and sat on it. Now I pass by the hole in the ground where the WTC once was almost every day and it’s still hurts.
His second blunder: destroying Iraq and millions of American families, whose loved ones went to serve his whims. Some people thought he did it for oil. But he was too stupid to see that far. I’m certain he did it to show his daddy that he could do better.
To me, that’s treason. But democrats, spineless without Clintons, thought better of impeaching him and suing him as a war criminal that he was.
In a sense, their meekness enabled him to put everything in place in order to destroy global economy. Actually, he did not do it. He did nothing, and allowed his fellow republicans to deregulate all they could and for their greed to take over.
America voted for him in 2004, because people were running scared of terrorism and wanted guys toting guns in the helm. They did not trust John Kerry, a decorated Vietnam war hero, to tote the gun at spooky Arabs, because they believed the “swift boat” ads and mistook his dignified silence for weakness.
Instead, they voted for a guy, whose family was tight with those Arabs, and who lied and bought out of the service to his country during that long bad war.
Perhaps, because next to him stood big dick Cheney known for shooting ducks and people.
So republicans under his banner went ahead and destroyed the world.
They could hardly believe that they lost to Obama (THE BLACK GUY?!). They worked so hard to take Hillary out, so their man would take on the reins. They could never imagine a black guy becoming a president, so they did not bother to “swift boat” him.
They were so sure of themselves, that they gave their man Sarah Palin as a running mate.
Of course, it could have been that they secretly hated McCain too – after all, he had some friends on the other side of the isle.
So these Egotistical Vicious Ignorant Liars republicans miscalculated and got Obama + democratic congress.
And the only thing they can do now is preventing Obama to do anything he tries.
Of course, they also try to “swift boat” him in the most underhanded manner.
This is what I’ve received recently as a comment to one of my posts:
I also appreciate your work Ella and I too thought Obama was a great man in a time of peril, however I just watched a documentary called “XXXXXX”-(my editing), which I highly recommend, and it opened my eyes to the facts. Obama is worse than Bush as he has reached celebrity status and capured the hearts of millions of people but is just another puppet committing treason. I am not trying to slander anyone and again would like to praise your work Ella but think that the people NEED to know the facts of what is happening to the Government.
I bet, many people received something like this in e-mail or as a “comment”. This must be Republican way of making their disinformation “viral”.
Just recently, they tried to put Obama’s citizenship in doubt. Now they keep telling us that the stimulus did not work (well, my business is better because it DID WORKED)
Next it is going to be a rumor that he eats little white children for breakfast.
Poor Obama: he needs to fix the dirtiest mess on the planet with his hands tied by republican obstructionism and with “swift boat” mud all over his face.
So I am praying for him to succeed nonetheless, because I live in this mess and I need him to get me out of it. Don’t you?
By the way, historically (at least for the last 100 years or so), the republican administrations have lead our nation into wars and huge deficits, while democratic ones have brought us peace, prosperity and reduction in deficits.
Posted in astrology, economy, politics, Uncategorized | Tagged: Arabs, astrological predictions, astrology, Bill Clinton, Bush, Cheney, dollar, economy, elections, elections of 2000, elections of 2004, euro, European Union, financial crisis, Florida, global economy, great depression, Greece, impeachment, Iraq, Ireland, Italy, John Kerry, McCain, Obama, P.I.G.S., politics, Portugal, republicans, Spain, stimulus, treason, unemployment, viral, war crimes, worry | 13 Comments »