Why Deflation Economics Proves We Are In The Greater Depression
Why deflation economics is important to your and the world's survival. Please scroll down to the deflationary economics article.
Would you be offended if I asked you to please click on the Google +1 button below? Also, HELP SAVE THE WORLD by donating and playing it forward. Please like/share/socialize/bookmark at each page you go to. Important! Doing both means Google will advance page upward in the search results. Thank you very very much.
Prechter Discusses Market Forecasts on CNBC Closing Bell
"The problem is deeper than just a minor recovery
or a minor recession."
Robert Prechter joins CNBC hosts Bill Griffeth and Maria Bartiromo on Closing
Bell to talk about the still-unfolding forecasts presented in his New York
Times bestseller Conquer the Crash.
We invite you to watch the interview below. Then download Robert Prechter’s
free report that uses an 84-year study of stock market values to help
you prepare for and understand today’s critical market juncture.
Download Robert Prechter’s Free Report To Discover How You Can
Prepare For Today’s Critical Market Juncture
While
we're sure you're reading countless articles and analysis about the market's
recent volatility, if you're not reading what EWI's subscribers read, you're
missing the valuable, prescient perspective contained in each issue of Robert
Prechter's market letter, TheElliott Wave Theorist.
Access Robert Prechter’s free report and read in-depth analysis -- including
an 84-year study of stock values -- that will help you prepare for and understand
today's critical market juncture.
Why Deflation Economics Proves YOU are in the Greater Depression
By Delwyn Lounsbury - THE DEFLATION GURU
The President Obama rhetoric and actions bashing business continues even when your statistics show deflationary economics getting worse at every turn. President Obama's actions are, "bad to the bone," for boosting business. Business will only get more uncertain and unsure. This freeze up in hiring, business expansion and lending will lead to more deflation economics which will end with the Greater Depression and World War Three.
The deflation economics cycle started with the 2000 dot com stock mania bubble climax peak may not end until 2016 to 2018. At that time most of your assets may have lost 90% in price and unemployment could be 30%. Even the price of gold may drop in half. CASH IS KING in deflation. Japan has seen deflation for 20 years and now the rest of the world is catching the epidemic. You cannot stop the pendulum from swinging. Deflation economics will continue until the inflation is wrung out of the system in this Greater Depression.
Our report on deflation economics is supported by some recent statistics. One in seven Americans are considered under the poverty level. That's 14% of the population or 44 million people. Real estate foreclosures rose 25% in July of 2010 to 95,304, the highest number on record.
Helping the economy get top heavy and crash was the migration of union workers onto the government payroll. They knew the government would not go out of business. At the same time Toyota and other manufacturers opened successful non-union factories. Some 22.5 million Americans are now employed in government jobs. Remarkably, that figure has grown 10% in just the past year. It is like a large parasite is sucking all the energy out of the economy. Ever since Franklin Delano Roosevelt started the "New Deal" government has grown larger and larger. If we are 10 years into the Greater Depression as I contend, this bloated government structure will make the depression worse.
Nikolai Kondratiev, 1892-1938, discovered capitalist countries go through a long wave cycle of 60 to 80 years. A cycle similar to the phases of nature with spring (inflation), summer (stagflation), autumn (deflation or disinflation) and finally winter (depression). We are in the middle of the ending winter phase that started in year 2000. Just look at a 10 year chart of the NASDQ stock market, QQQQ or TII, a fund ETF of 75 major companies. The graph shows that there was only a bear market rally. These indexes never got back to the 2000 level. The QQQQ only made up 50% and the TII only made back 61.8% (both Fibonacci numbers, by the way). The DOW and the S & P 500 did make new highs; but they are fudged by dropping the weak companies and adding stronger ones to these indexes.
"To put it succinctly, the stock market is a thermometer of public mood and a barometer of public action," Robert Prechter.
"A deflationary crash is characterized in part by a persistent, sustained, deep general decline in peoples' desire and ability to lend and borrow. A depression is characterized in part by a persistent, sustained, deep, general decline in production. Since a decline in production reduces debtors' means to repay and service debt, a depression supports deflation. Since a decline in credit reduces new investment in economic activity, deflation supports depression. Because both credit and production support prices for investment assets, their prices fall in a deflationary depression. As asset prices fall, people lose wealth, which reduces their ability to offer credit, service debt and support production. The mix of forces is self-reinforcing." That's what Robert Prechter's book, “Conquer the Crash” (2002) says.
Economist Paul Krugman's recent solution is just more socialism. He wants more stimulus money thrown at the problem. He doesn't realize that at this stage in the cycle it would just evaporate. All the bailouts and government spending done so far have not turned the economy around-have they? Business people are uneasy. Saddling America with more debt would be counter-productive. The Greater Depression is coming. Why make it worse than it already is? Better to reduce taxes and let businesses make the new jobs. STOP THE SPENDING! STOP THE BORROWING FIRST!
The fact is President Barack Hussein Obama is "all in" with his socialistic wealth redistribution programs. Obama is carrying out his inebriated African father's socialism dream like some kind of anticolonial nightmare in which the big bad U.S. has to pay for stealing everything the third world ever had. Obamas dream quest is to right all colonial/imperial wrongs and rip offs of the last 2 centuries in just 4 years. Obama is out of control with his wealth redistribution, increased taxes, socialism and business bashing. We are being governed by the socialist ghost of Africa past. Is this guy even a citizen? Let's see his real birth certificate. I think he is Kenyan. Those of you who voted for Barack Hussein Obama Junior for president may have a big dose of buyer’s remorse over his super cycle scale ambition of ruining America and its FREEDOMS. We have a Marxist president in office that hates the United States and business in general. The takeover of the country by a coalition of big business and government is fascism. Did we elect the nearest thing to the antichrist since Hitler - Or what?
Copyright 2011 by Delwyn Lounsbury – THE DEFLATION GURU
Use of this article allowed with attribution back to:
http://www.deflationeconomy.com
Opportunity Knocks Once - Here Now!
OPPORTUNITY FOR YOU! Learn How To Create A Website Like This One(Rated Top 85% In Only Two Months). No HTML just copy & paste!
Now more than ever, folks are looking for alternatives. In times of uncertainty, people make lasting decisions to learn new skills and start-up new businesses.
Here is everything that SBI! eLearning represents...
o New skills o New knowledge o A new community of like-minded learners o Personal accountability that leads to personal triumph o New hope And a new recession-proof business that can forge a path to a brighter future! It's amazing what we include for the price!
All you have to do folks is have a chance to get a foot in the door of opportunity... Here it is! Click to check out the low cost, money back guaranteed, use anywhere in the world home
study eLearning course used at over 30 colleges.
1. Check out the new pricing highlights on the SBI! eLearning.
2. Personally used and endorsed 100% by Delwyn Lounsbury
publisher http://www.surrogacy-surrogate-mother.com (Rated PR1 by Google and rated top 91% in 4 months) Course includes training, niche selection, videos, proprietary keyword BRAINSTORMING, blog, RSS, Forum, 1 yr HOSTING, newsletter opt-in forms, autoresponder, graphics and link libraries, members link exchange, etc. - etc. Compare NOW! Click Below!