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The coming depression blog | July 25, 2017

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What is the future of America in 2012

Definite predictions for American economy in 2012

The US economy has been hit hard by its worst downturn since World War II. Since late 2008 the economy registered record GDP declines and increases in unemployment. As a result, the US economy (real GDP) grew by only 1.1% in 2008.

To see our economy seem to collapse is frightening, but what is more frightening is to believe that it can be put back together by the same thinking and the same people whose greed and corruption caused it. Now that we have the support of clarity and compassion in the incoming energies that are entering our space time continuum, we need not be afraid. To realign our monetary system and rid it of corruption and greed requires that it be dismantled and bullt up again in a new and better way. A great new civilization has a chance to be born now, and we all must take part in it for we have been created with a singular purpose to do this, each with a unique part to play.

As always, it is not the numerical forecasts that matter most. Rather the importance lies in the assumptions taken, the likely direction for the variables and the risks.

We assume that the European Debt Crisis will still dominate over the first few months of 2012. Clearly the “end game” could take a number of forms include the collapse of the euro zone. We assume that self-interest will predominate and that the euro zone will remain intact. Countries will set about the task for reining in deficits and stabilising debt levels as a proportion of GDP.

on the other hand there is still an over-supply of US homes, more foreclosed housing stock could be pushed onto the market as prices stabilise, the budget deficit remains high and 2012 is an election year – adding more uncertainty to financial markets, especially in the latter half of the year.

Source: http://www.youtube.com/watch?v=jxhzTW39VqY

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