Some predictions for 2011 gleaned from that most fascinating of places – the internet.

1. The U.S. will implement QE3/4 when the $600 billion of QE2 is not enough (already it is not enough as admitted by the Fed’s chairman Benjamin Shalom Bernanke recently on CBS’ 60 Minutes).  Except it won’t be called as such in the lamestream media.  QE3/4 will be in the trillions of U.S. dollars (USD) of quantitative easing, i.e., fake digital money printing from the Fed to sop up unwanted U.S. Treasuries.  The unstated and ONLY purpose of QE2 and QE3/4 is to buy up all of the U.S. Treasury debts that the foreign nations are beginning to refuse to buy while they are quietly dumping what they possess on the U.S. and world markets in exchange for real and tangible assets and resources.

2. The major export nations like China, Russia, Brazil, India, Argentina, and others will engage in and increase their non USD-denominated trading among themselves, as exemplified by the recent China-Russia trade agreements whereby they would start trading in Rubles and Yuans, and not use USD as is typically transacted in international trades for commodities and oil.  This will put increasing devaluation pressures on the USD.  So, look forward to the US Dollar Index to drop further from the low 80s now to the low 70s or even lower in 2011.

3. Retail food prices in the U.S. will increase in the low to medium DOUBLE digit ranges (10% to 40%) for everything from the junk/GMO “foods” served by corporations like McDonald’s to healthy/organic foods supplied by companies like Whole Foods Market.  This will take place noticeably in the first half of 2011.

4. The real estate market in Canada will finally begin its collapse suddenly after the new year celebrations are over, mimicking the real estate crash of the U.S. that began in late 2008.  Over heated markets like Vancouver will suffer the most as the average house price there is around $1 million Canadian (the Canadian dollar is almost on par with the USD).  The average homeowner in Vancouver is spending about 70% of its BEFORE-tax income on paying mortgages.  This financial situation is totally unsustainable.  To illustrate a parallel, past example why it is going to be the case:  In 2005, the “median” California family spent almost 73% of their AFTER-tax income on their “median” California house ($477,700), and look what happened to the real estate market in California.  A 50+% devaluation of the Vancouver real estate market is very likely over the next 1-3 years.  But the crash will begin in early half of 2011.

5. The Chinese real estate market, the last investment vehicle in China for those Chinese with money, will also begin its collapse suddenly, hitting hard cities like Shanghai, Beijing, Fuzhou, etc.  According to a very recent article by UK’s Daily Mail Online, there are as many as 64 MILLION empty homes in China with no one occupying these brand new homes!  This China real estate crash will have serious implications for the real estate market in Vancouver.  There won’t be m/any Chinese millionaires plunking down $1+ million CASH for buying real estate in Vancouver, as has been the case over the recent years.

6. Inflation will run rampant in China as it is already doing so with retail food prices.  See my recent article (www.rense.com/Currency%20Wars%20For%20Dummies.pdf) as to the real causes of huge inflation in China.  Unless China allows its Yuan to appreciate (increase in value) against the ever falling USD, rampant inflation in China will continue its course unabated.  If China allows its Yuan to appreciate by any significant amount (7% or more), such an action will DECIMATE its export industries and manufacturers, because of the extremely thin profit margins that their exporters have to work with.  China will raise its interest rates to try to stop inflation but that will not do the job.  In fact, raising interest rates will only cause more foreign currencies to go into China in search of higher yields, unless China imposes strict restrictions on the importation of foreign currencies and investments.

7. The EU will continue its financial collapse, as nations like Spain, Portugal, and Italy will join Greece and Ireland in facing the stark choice between (Option 1) bailing out THEIR banksters or (Option 2) having THEIR nation go bankrupt.  The IMF/World Bank model of “rescuing” these EU nations were perfected on the so-called Third World nations such as Argentina (viz., John Perkins’ book, “Confessions of an Economic Hitman”).  In 2001, Argentina defaulted on its IMF loans, i.e., it was forced to take Option 2, and its people suffered tremendously as the majority of its middle class was literally wiped out overnight.  The Banksters in Argentina (with such strange and exotic names like JPMorgan Chase, Citibank, etc.) were able to fly out their billions of USD on private jets before the forced conversion and devaluation of the Argentina pesos/savings were implemented on the masses.  Millions of Argentineans keep their savings as USD in their banks before the collapse.  When the forced conversion and devaluation of those USD savings were imposed on its citizens, the banks were closed and ATMs withdrawals were limited to a few hundred pesos (less than $50 USD) per person per day.  Overnight, Argentineans saw their savings lose over 75% in value (the peso went from 1:1 to 4:1, requiring 4 pesos to buy 1 USD overnight).  And then the multi-national corporations came in like financial vultures and bought up the natural resources and public utilities for pennies on the USD.  THAT is IMF’s Option 2 for Spain, Portugal, and Italy.  Option 1 is long term financial servitude and slavery for the citizens of the bankrupt country as is happening to Ireland.

8. Silver and gold will continue to climb in 2011.  Silver will increase much more than gold in 2011, as the “Crash JP Morgan, Buy Silver” viral campaign started by Max Kaiser in early November will take off exponentially in 2011.  Silver will breach $50 per ounce in 2011.

9. A major war will break out somewhere in the world in 2011 (if not in 2011 then definitely in 2012) involving the U.S. and/or one of its proxy allies, i.e., Israel, South Korea, etc.  The very recent massive war exercises conducted by South Korea and the U.S. were meant to provoke a military response from North Korea.  Fortunately, the North Koreans didn’t take the bait.  This will be the final American Bubble to inflate as the U.S. will try to use “shock and awe” on either North Korea or Iran or even maybe a country in Africa in a futile attempt to bypass and cover up the greatest economic and financial collapse in world’s history.

CREDIT: DAVID CHU

Who can really predict the future? I dont know but these are all renown individuals and organisations making predictions about the USEconomy and the fall out for the rest of the world.

Their verdict in a word? Bleak.

Bob Chapman

First 6 months of 2010, Americans will continue to live in the ‘unreality’the period between July and October is when the financial fireworks will begin. The Fed will act unilaterally for its own survival irrespective of any political implications (source is from insider at FED meetings). In the last quarter of the year we could even see Martial law, which is more likely for the first 6 months of 2011. The FDIC will collapse in September 2010. Commercial real estate is set to implode in 2010. Wall Streetbelieves there is a 100% chance of crash in bond market, especially municipals sometime during 2010. The dollar will be devalued by the end of 2010.

Gerald Celente

Terrorist attacks and the “Crash of 2010″. 40% devaluation at first = the greatest depression, worse than the Great Depression.

George Ure

Markets up until mid-to-late-summer. Then “all hell breaks lose” from then on through the rest of the year.

Igor Panarin

In the summer of 1998, based on classified data about the state of the U.S. economy and society supplied to him by fellow FAPSI analysts, Panarin forecast the probable disintegration of the USA into six parts in 2010 (at the end of June ­ start of July 2010, as he specified on 10 December 2000

Neithercorps

Have projected that the third and final stage of the economic collapse will begin sometime in 2010. Barring some kind of financial miracle, or the complete dissolution of the Federal Reserve, a snowballing implosion should become visible by the end of this year. The behavior of the Fed, along with that of the IMF seems to suggest that they are preparing for a focused collapse, peaking within weeks or months instead of years, and the most certain fall of the dollar.

(continue reading…)

I’m a little late on this as it was released in 2008 but just watched this profoundly important movie.
I imagine one of the reasons I had never heard of it is that it was probably denied publicity by pressure from the likes of Monsanto and other vested interests…

It is quite graphic at times, but it is hugely important to gain awareness of where our food comes from…

One of the biggest impressions I was left with was the massive centralisation of power and control in the food industry and the ineffectiveness of the bodies charged with regulating it. It seems that this process is systematic in many of the industries (banking comes to mind!) in the US in particular but also elsewhere in the world.

Wake up people! This is just the start…

The end result? A new world currency? How convenient…

I’m still trying to keep politics out of my blog, but have found the Nick Clegg Liberal Democrat dimension really interesting. Brown and Blair resisted live Election debates for a long time because they would have had to allow the Liberals to compete on a level playing field. So what’s happened has come as no surprise.

Murdoch is clearly getting very twitchy at the idea that a party might gain some power that he isnt actually supporting…

“It’s quite something to behold, the Tory press in full blood. Not since 1992, and its concerted assault on Neil Kinnock, have the rightwing newspapers joined together in such a sustained and undisguised attempt to destroy a figure in British public life. If anything the sight is more breathtaking this time, with the front pages of today’s Mail, Telegraph, Sun and Express all training their firepower on Nick Clegg. While the 1992 operation to destroy Kinnock was the culmination of nearly a decade of warfare against the then Labour leader, the “Get Clegg” offensive has been assembled in a matter of days.”

Full article here.

Ex Sun Editor David Yelland was the first to point this out.

“Make no mistake, if the Liberal Democrats actually won the election – or held the balance of power – it would be the first time in decades that Murdoch was locked out of British politics. In so many ways, a vote for the Lib Dems is a vote against Murdoch and the media elite.

Full article here.

Tax – “a pecuniary burden laid upon individuals or property owners to support the government.”

Quantitative Easing – “the central bank purchases financial assets using money it has created ex nihilo (out of nothing).”

A pretty scary prediction from a world renown figure in the finance world:

Jim Rogers, Chairman of Rogers Holdings, has once again made a bold prediction and that is the British Pound could quite possibly collapse within the coming weeks.

Full article here.

Doesnt it all just seem a bit too good to be true? According to the media we just dodged the biggest economic crisis since the 1920′s. Wrong. So wrong. The worst is yet to come. Of that I have no doubt at all.

“The people have been lulled into a false sense of safety under the rouse of a perceived “economic recovery.” Unfortunately, what the majority of people think does not make it so, especially when the people making the key decisions think and act to the contrary. The sovereign debt crises that have been unfolding in the past couple years and more recently in Greece, are canaries in the coal mine for the rest of Western “civilization.” The crisis threatens to spread to Spain, Portugal and Ireland; like dominoes, one country after another will collapse into a debt and currency crisis, all the way to America.

In October 2008, the mainstream media and politicians of the Western world were warning of an impending depression if actions were not taken to quickly prevent this. The problem was that this crisis had been a long-time coming, and what’s worse, is that the actions governments took did not address any of the core, systemic issues and problems with the global economy; they merely set out to save the banking industry from collapse. To do this, governments around the world implemented massive “stimulus” and “bailout” packages, plunging their countries deeper into debt to save the banks from themselves, while charging it to people of the world.

Then an uproar of stock market speculation followed, as money was pumped into the stocks, but not the real economy. This recovery has been nothing but a complete and utter illusion, and within the next two years, the illusion will likely come to a complete collapse.

The governments gave the banks a blank check, charged it to the public, and now it’s time to pay; through drastic tax increases, social spending cuts, privatization of state industries and services, dismantling of any protective tariffs and trade regulations, and raising interest rates. The effect that this will have is to rapidly accelerate, both in the speed and volume, the unemployment rate, globally. The stock market would crash to record lows, where governments would be forced to freeze them altogether.

When the crisis is over, the middle classes of the western world will have been liquidated of their economic, political and social status. The global economy will have gone through the greatest consolidation of industry and banking in world history leading to a system in which only a few corporations and banks control the global economy and its resources; governments will have lost that right. The people of the western world will be treated by the financial oligarchs as they have treated the ‘global South’ and in particular, Africa; they will remove our social structures and foundations so that we become entirely subservient to their dominance over the economic and political structures of our society.

This is where we stand today, and is the road on which we travel.”

More of this very worrying article here.

Respect to my brov for reposting this from Evil Speculator and maybe other sites.

Shocking, just shocking…

Appearing at a bookstore in the downtown Loop, Gore was confronted by a team of demonstrators from a grass roots group called “We Are Change,” as he was signing his latest fascist screed on the global warming swindle. Gore bolted from the bookstore, raced down an alley, jumped into a waiting car, and tried to speed off, with protesters chasing after him and banging on the car.

Full article here.

Could it be that people are actually beginning to pay attention?

Not if you read the MSM though or listen to politicians as there is precious little coverage of anything contrary to the standard GW theories…or is there:

Australia is leading the revolt against Al Gore’s great big AGW conspiracy – just as the Aussie geologist and AGW sceptic Professor Ian Plimer predicted it would.

ABC news reports that five frontbenchers from Australia’s opposition Liberal party have resigned their portfolios rather than follow their leader Malcolm Turnbull in voting with Kevin Rudd’s Government on a new Emissions Trading Scheme.

Rest of the article here.

A particular favourite quote would have to be the bloggers description of Australia’s urban community as

“pinko, libtard metropolitan fleshpots.”

Meanwhile Gordon Brown continues to bumble along, throwing money at things in his usual style in an attempt to hide the problems…

WAKE UP!