Featured Stories World News Commentary Money Watch Multimedia Prison Planet U.S. News Science And Technology

2009 is Going To Be a Bumpy Ride

  • Print The Alex Jones Channel Alex Jones Show podcast Prison Planet TV Infowars.com Twitter Alex Jones' Facebook Infowars store

George Washington’s Blog
Tuesday, Jan 6, 2008

Here are my predictions for 2009. If these predictions sound too gloomy and you don’t buy them, bookmark this, and come back to it later in the year to see whether or not it was right.

After a short rally in the stock markets, lasting somewhere on the order of 1 to 4 months after Obama is inaugurated as President, people will realize that Obama’s stimulus plan isn’t going to work.

Specifically, it will become obvious that we’re in a Great Depression, and that nothing that Bushco or Obamaco did can get us out of it (it may take a while longer for people to realize that what both administrations did actually made the financial crisis much worse).

At that point, the stock market will crash like a waterfall. Mish thinks the crash will leave the S&P at 600. Robert McHugh thinks the crash will drive the S&P to 500 or lower (in McHugh’s worst-case scenario, the S&P could end up at 50).

(ARTICLE CONTINUES BELOW)

2009 is Going To Be a Bumpy Ride 121208banner3

At around the time of the crash, the bubble in long-term treasuries will burst. Retirees and other people who have socked away their money in treasuries will get hit hard.

  • A d v e r t i s e m e n t

The government itself will start massively buying its own long-term treasuries.

Obama will institute numerous “emergency measures” to “restore stability”. None of them will be pretty, and none of them will work . . . except to undermine our liberties still further.
Its going to be a bumpy ride.

Note: I am not an investment advisor and this should not be taken as investment advice.

This article was posted: Tuesday, January 6, 2009 at 5:11 am





Infowars.com Videos:

Comment on this article

Comments are closed.

Watch the News

FEATURED VIDEOS
Sony Hack: What They're Not Telling You See the rest on the Alex Jones YouTube channel.

Help Baby Olivia Survive Her First Christmas See the rest on the Alex Jones YouTube channel.

© 2013 PrisonPlanet.com is a Free Speech Systems, LLC company. All rights reserved. Digital Millennium Copyright Act Notice.