economic system
Global Economic Outlook For 2010 – A Cabbalistic Survey
Unlike 2009, in which a conflict between imagination and force persisted all throughout, we shall see a very complex scenario, politically and economically. The main players will be the USA, England, Germany, and the Far East consisting of China, India, Afghanistan and Japan.
There will be four eclipses in 2010. The signs involved are Cancer, ruling New York City and Capricorn ruling India and China. India, China and the USA (New York City) shall be in the limelight.
Financial Markets and Economy in 2010:
The world politicians are painting a very rosy picture of the world economy. The actual economic complexities of today are a result of the most archaic policies pursued by the Central Banks in Asia that are most reluctant to change their ways of doing business. A new economic system will have to be devised befitting the supersonic age we live in, albeit at the cost of the US Dollar’s demise as a World currency.
The results of the stimulus package by the Obama Administration are high inflation, a weak dollar, good for US exports and a strong Yen, bad for the Japanese economy. US’s trade deficit far exceeds China’s trade surplus. Most UN members consist of dictatorships that do not want to be told what to do by a minority of democratically elected governments. In 2010, I foresee the peace, as we know it, threatened by insurgents.
In 2006, I predicted a banking industry crash and it came true in 2008. The entire banking system is run two ways: one by Islamic system nations and the other by non-Islamic. We have no uniform system for the whole world. The Havala system is used to transfer billions, if not trillions of dollars, floating around unaccounted for in the banking system, from one point of the world to the other.
When the stimulus money runs out, the unemployment will go up in USA to more than 10%. Mr. Bernanke will be forced to increase the interest rate to control the heated economy. The housing market crisis shall continue because Wall Street, like the banks, shall be giving out billions in bonuses.
In this trading market, it is not wise to buy and hold. I foresee gold at $1,250 an oz (resistance level), silver $20, oil $100 a barrel. Investments in royal metals and real estate seem to be the best bets in 2010. The political aspirations of the nations in the Far East are in conflict with economic policies pursued.
We have a credit economy system in the USA. Our economy has no base. The Chinese are the greatest holders of U.S. treasuries. The Chinese GDP is projected at 12% but the political policies pursued by Russia and China do not guarantee a sustained growth.
USA
The USA has been printing trillions of dollars, England followed suit. This will in 2010 lead to high inflation. In 2009 India bought 200 plus metric tons of gold to back its currency. It is impossible to forecast political stability in this chaotic state of the world economy.
I foresee hard times in 2010 for the world. Projections for the USA starting from 1776, its birth year, point to a national crisis in 2010. In parallel to the USA, I see an economic and political crisis in France in 2010 similar to the Great Depression of 1929. There is a resemblance between the histories of France and the USA.
The opposition of Saturn in Virgo to Uranus from April 2010 will have ominous consequences for the Far East (ruled by Saturn), USA (ruled by Uranus) and Paris, France (ruled by Virgo).
In the orbital puzzle of President Obama (born Aug.4), the personalities, namely Michele Obama, born Jan. 17 and Secretary of State Hillary Clinton, born Oct 26, Timothy Geithner born Aug 18, David Axelrod born Dec.17, and Nancy Pelosi born March 26 are all in conflict among themselves creating much confusion and uncertainty in the future of this country in 2010. The President will lose total control of political and economic affairs of this country.
The entire world is watching our actions very closely. President Obama is pursuing a path so extraordinary as to bring about revolutionary changes in the social, economic and political set-up, not alone in the USA (a capitalist country), but also in the entire world.
New York City’s security threatened
The money generated from the illegal sale of oil and the drug trade shall be used by insurgents to buy military arsenal in the open market to carry out an attack on New York City (ruled by Cancer) between April and June.
New York Stock Exchange (NYSE)
The stock market will be most unpredictable and very nervous. Run on the banks. Do not buy and hold. It is a trading market; volume will be very high.
o Switzerland
Switzerland is ruled by Virgo, the negative house of Mercury, bestowing upon it feminine qualities. In 2010, Saturn, the planet of destiny ruling the Far East, in opposition aspect to Uranus, the planet of evolution and revolution ruling the USA, will spell much trouble and strife in this country (Switzerland).
Trouble is brewing in this land. Racial tensions will lead to demonstrations by the extreme factions. Disturbing the peace will be the main objective. Fires and explosions are not ruled out. Extremists from the Far East will be the main source of disturbances. There will be some disagreement on a financial deal with the USA.
Zurich Stock Exchange: The Zurich Stock Exchange will be jittery and in turmoil.
o France
We know from experience that history repeats itself according to the law of periodicity in the destinies of nations. The French history is full of various events, some of which are not so positive. In 1794 there was a revolution and the fall of Robespierre. Projected to 1929, we get the Great Depression and another crisis in French history. The date further projected to 2010 indicates a serious challenge to the French Government: demonstrations, unrest and economic crisis. Early elections will be suggested by the opposition.
Some explanation will not be out of place. Paris, the French capital, is ruled by Virgo, a feminine sign. Saturn transits it in April, 2010 in direct opposition to Uranus, ruling the USA. What does it mean, you may ask. There are indications that the Sarkozy Government will be faced with a grave challenge involving the USA. Demonstrations against the Republic are quite possible that will disturb the peace as we know it.
Paris Bourse: Fortunes will be made and lost. Run on the banks and high unemployment is the verdict of the jury.
A Good Forex Currency Trading System – Trade These Economic Indicators
It seems everyone is looking for a good forex currency trading system. Well before jumping into the big time it is important to lay a foundation. Before we get into currency trading system let’s start with looking at what drives the currency market. Let’s look at a list of economic indicators. It may not be fun but I can assure you that a good working knowledge of these indicators (used in the USA) will help you in the long run and allow you to fully utilize your forex currency trading system to the fullest potential.
It is important to remember that the numbers are not as important as the anticipation of these numbers, this drives the market. When you learn how to use these indicators you will also improve your currency trading system.
Let’s take a look at a few of these with a brief explanation. This is part one of an ongoing series
CCI – Consumer Confidence Index
The Conference Board; Last Tuesday of each month, 10:00am EST, covers current month’s data. The CCI is a survey based on a sample of 5,000 U.S. households and is considered one of the most accurate indicators of confidence. The idea behind consumer confidence is that when the economy warrants more jobs, increased wages, and lower interest rates, it increases our confidence and spending power. The respondents answer questions about their income, the market condition as they see it, and the chances to see increase in their income. Confidence is looked at closely by the Federal Reserve when determining interest rates. It is considered to be a big market mover as private consumption is two thirds of the American economy. If you are looking for an effective forex currency trading system, then using this report can make it even better.
CPI – Consumer Price Index; Core-CPI
Bureau of Labor and Statistics; Around the 20th of each month, 8:30am EST, covers previous month’s data.
The CPI is considered the most widely used measure of inflation and is regarded as an indicator of the effectiveness of government policy. The CPI is a basket of consumer goods (and services) tracked from month to month (excluding taxes). The CPI is one of the most followed economic indicators and considered to be a very big market mover. A rising CPI indicates inflation. The Core-CPI (CPI, excluding food and energy, expense items which are subject to seasonal fluctuations) gives a more stringent measure of general prices.
In the next article we will look at the following economic indicators: Employment Report, Employment Situation Report, and the FOMC Meeting (Federal Open Market Committee): Rate announcement.
If you really want to improve your trading then be sure to click on the link below, you will be glad you did. Good luck trading.
Free Market Capitalism is the Worst Economic System
…Except For Every Other System Ever Tried
Sir Winston Churchill famously quipped: “It has been said that democracy is the worst form of government except all the others that have been tried.” With apologies to Mr. Churchill, I would suggest a modernization of that quote based on today’s political/economic environment in the United States. You hear a lot about the “failure of capitalism,” and how bad it is compared with the socialist Utopia long sought by progressives; but in reality, free-market capitalism far outpaces any other economic system.
For proof, look no further than the only nation in history which has actually employed free-market capitalism for many decades, and his created more wealth than any other. In America, the lot of the poorest people would be the envy of many in other nations, where the poorest do not own things like microwave ovens and multiple televisions.
Today’s left-leaning leaders have convinced many of us (though no longer a majority) that government can and should do more for us by keeping taxes high and spending billions on social programs. They are taking us toward the sort of “social democracy” they have in, say, Europe. Never mind that Europe has been trying to catch up with us since days after the end of World War II… for some reason we have elected a crew that envies Europe and its socialist systems.
Here are three big problems with that:
Investment Seeks A Free Market.
When a government jerks up taxes, investors take their capital somewhere else where they have a better chance of making it grow. Ireland proved this, leading the way in Europe by lowering taxes and reducing regulations, and they’ve benefited by a large influx of investment (which always brings jobs). Spain, on the other hand, invested billions in creating “green jobs,” essentially constraining the sort of investment they would allow in their country, and now their economy totters on the brink of disaster in the wake of revelations that for every “green job” they created, they destroyed more than two other jobs. (By the way, the President announced today a similar program of “investments” coming soon to an economy near you – if you’re in the United States.) Donald Trump echoed this in a television interview today, predicting that if the government follows through with its promise to end the “Bush tax cuts” from 2001 and 2003, a great out-flow from America – of investors, capital, businesses, and jobs – would be inevitable. On the other hand, experts have suggested that if all taxes in the U.S. were slashed to a flat rate of something around 12 per cent, there would be a flood of money into the U.S. and the economy would soar… and, instead of a drain on the federal treasury, all that business would create a commensurate flood of tax revenue that would be the best hope of avoiding the economic disaster invited by the current tax-and-spend, impossible-deficit policy. Even within the U.S., businesses are fleeing high-tax states like California and New York and flooding into low- (or no-) tax states like Texas and Florida.
You Will Not Get What You Pay For With Socialism.
In country after country, when they go to government-run health care, the cost of care goes up and the quality of care goes down. Governments simply cannot force health care to be good… but the free market can entice it to be great. That’s only one example; of course, progressives would like the government to control virtually everything (in the name of “fairness”). All that spending, though, has created an entirely unsustainable debt and deficit that we will never be able to pay off unless we quickly change course. Luckily, in America, we can do that… but to change course, we’ll have to change governments.
Say Goodbye To Inspiration… And Greatness.
The profit motive made America the most prosperous nation in the history of the world. The possibility of getting rich is a beautiful thing: it creates the next Big Idea, it makes wonderful technologies available and affordable, it gives everyone a reason to do business better, smarter and faster than a competitor. Socialism, though, seeks to remove the profit motive in the interest of trying to make everyone end up with the same outcome. When it becomes obvious that you’ll never enjoy more wealth than your less-inspired neighbor (that wouldn’t be “fair,” after all), you may think your altruism will kick in and make you create the next great enterprise… but I wouldn’t bet on it. To be at their best, entrepreneurs need to be inspired by competition they can beat, money they can make, good they can do, and customers they can delight.
Henry David Thoreau said “That government is best which governs least, because its people discipline themselves.” This is a philosophy directly opposed to that espoused by today’s U.S.government; they govern as if their basic principle is “Some people cannot discipline themselves, so we have to do it for them, and govern everyone’s lives in every respect.” How uninspiring. What’s more, it just doesn’t work – it’s been tried in state after failed state. For all its greed, inequity, and other flaws, the free market is still the best hope of everyone, from rich to poor. And if we lose it here in America, where will the rest of the world go when they need a break from the sad fairness of socialism?