Calm Before the Storm

An Economic Storm is brewing globally
Here are some recap facts to back our already posted prediction of mass unemployment coming in mid 2009 through 2010.

Fuel prices are only down because of the demand is gone, now people are back on America’s streets driving all over the place again however this will drive the fuel prices back up again in 2009 to near 100.00 dollars per 30 gallon barrel and when these people driving get where they are going they are not spending any money watch people when you are out you will see this change from years past. Day trips are more in favor to overnight trips requiring staying at resorts, hotels and motels.

Housing prices will come down 17% to 20% so say the experts
Housing to correct putting it in line with Earnings to Loan Ratio we must return nationwide to a housing price of 2000-2002 levels so the experts are now saying.

Unfortunately they the so called and paid experts are again overly optimistic along with being late so they look good not going out on the limb and here is why we see the current housing prices nationwide will need to come down not to 2000 to 2002 prices but to 1987 - 1989 about 40% (we did not do the math) and this is brought on by this economic downturn being the biggest economic decline ever. We believe that this is going to top the 1929 - 1933 Great Depression.

Retail space nationwide will be 50% empty
Why is Logic predicting this is simple the coming Christmas 2008 will look like the roaring 80’s in comparison to the coming 2009 and 2010 Christmas periods. Look America is no longer a producer of goods and while building homes and buildings is a product we produce but when it is all said and done these are only boxes especially when they are empty.

Bringing in products from overseas then marking them up and reselling them to consumers was never a very good business model.

Industry areas to pay very close attention to
Keep your eye on the sports and entertainment industries and your stars or what we call figures and the prices they command we envision these two industries are going to get hit hardest and it will be before 2010 as the number of persons on the street begin to realize that paying the admission ticket prices is not affordable at the current levels driving down the current commanded prices. Not to mention that with unemployment in the world sinking to levels worse then the Great Depression of 25% that this time will be 40%.

Do not take your eye off of the travel industry (including hotels) it is going to be reduced globally by 60% in 2009 - 2010 as well resulting in massive additional layoffs.

The silent unemployment figures
Remember that while all of the Fortune 1000 Companies are making the papers and wires with their announced layoffs that is not telling any of us the truth actually 2/3 rds of all employees work for small to mid sized companies that you will not hear about during these layoff announcements.

How can this Logic be so right about what is to come
We wrote this article on this blog long before the blog we were talking to all that would listen and we predicted the housing market bubble date was March 2006 and it came true also we have predicted and posted on this blog the incorrect current experts on unemployment are dead wrong and our now famous percentage of US Unemployment for 2010 that is a link in the article is worthy of a click while you are reading.

Logic for President
There is a way to get through this and even come out stronger, we all shall prosper as well
We also beat our new leader Mr. Obama to the US Infrastructure stimulus fund concept he is on the right course incorrect but doing something anyways but read our article dated November 07, 2008 titled Best Business to start is named VC.

Why do cities have parks
They are here for what we believe and this is really scary and you might not want read this thought but these parks are really here for tent cities where we will be housing the highest unemployment seen in America’s history and it going to be the price we will pay for 20 years of over indulgence and easy credit followed by American’s returning to savers and no longer consumers for the coming 20 to 30 years.