Is the USA Rome?
In The Coming Storm message, I shared that the US and the Western world today is the continuation of the Roman empire. I shared that Daniel had interpreted the dream of King Nebuchadnezzar that foretold of what would happen when God’s Kingdom smashed this kingdom. Today’s post is mostly to add a fascinating piece of […]
Warnings Abound in Economic Circles
Economic Warnings are everywhere if you follow the financial blogoshere. Over the last few months, we’ve seen story after story of “insiders” who have decided to share startling information because they feel for the people who are about to be clobbered. We don’t usually share alot of that sort of thing. It’s all entirely inline […]
Obama beats Romney in 2012
This might seem hard to believe, but we feel more confident in predicting that Obama will beat Romney than we do in many of our other individual predictions in this series. Before too much steam comes shooting out of your ears (if you’re a Romney fan), read the whole post for why we believe this […]
Hyperinflation Will Change Your Life
What is Hyperinflation? It doesn’t really have an exact definition, so it’s easy to disagree on what hyperinflation means. To some, inflation that has gotten pretty high (let’s say above 10%) is hyperinflation. To others, the money in your hands must become absolutely worthless to be considered hyperinflation. We don’t have a particular definition either. […]
Deflationary Crash
Even with the trillions of dollars pumped into the system over the last few years, the economy is in the midst of a massive deflationary crash. Central Bankers of the world are trying to unite to ensure that it doesn’t happen (and that we instead end up with massive inflation), but a deflationary crash is […]
Full Scale Currency War
Nobody wins a currency war…but politicians love to try. The idea goes like this…. “If we can cheapen the value of our currency, then we’ll be able to export more goods and it will get our economy going. And then I’ll get re-elected and everyone will love me!” (see the beginning of this series here.) […]
Willow is Born!
Our daughter finally arrived this week. She checked in at 7 pounds 11 ounces and 20 1/2 inches. Kara did an amazing job in the delivery and managed to bring her into the world about 45 minutes after showing up at the hospital! How’s that for efficient? It was alot more relaxing experience than when […]
The US Will See Real Recession
Recession in the US? According to the media, we’re far from this, right? Well, maybe. Right now, we’re seeing slow growth that doesn’t get anyone excited, but is actually positive. Will we see slow growth like China, or full blown recession like Europe? What the media and government don’t like to mention is that the […]
China’s Growth Slows
Moving from Europe to China, the story stays similar. While Europe is in recession, China’s growth has slowed dramatically. This is another prediction that has already begun to come true since we first made the prediction. However, we see this trend continuing. China’s economy is largely based on sending cheap manufactured items to the US […]
Europe Will Experience a Sovereign Default (and Perhaps Multiple Defaults) in 2012
We spoke on Friday about the possibility of sovereign default in Europe. There is the possibility that the European Central Bank (ECB) will print enough money to bail out all the problem countries. However, this would surely lead to hyperinflation and since Germany is still the main power in Europe, this seems unlikely to us […]
