Archive for March, 2012

It seems the the leaders over in Europe are finally starting to admit their country has slipped into recession. It is about time I say! With slowing manufacturing figures coming out in China this week, many people are worrying about the state of Europe. We have been warning of this for many months now in our NEWSLETTERS

The Euro also showed a massive slump in March, combined with unemployment, house sales and gross domestic product that is dwindling also. Technically they are now calling this a recession, but these fools do everything they can to hide the real truth from both you and I.

There are already talks that the Chinese government are planning on stepping in early in 2012 and will step up their measures in a bid to revive the current economic situation. Not many people realize that China is infact a major market for European products such as heavy machinery and luxury goods. If there is a slow down in these areas Europe’s current problems will only worsen.

European politicians know they are constricted by the new fiscal measure they put in place earlier this year. They are trying to resolve Europe’s debt crisis by bringing down the deficits and cutting back on spending. But we all know that it is too late to try and work out a quick fix solution.

The European leaders are going to soon realize it is impossible to spend your way out of a recession. They have to tread carefully to, as they have promised to cut back on spending. Who knows if they will keep their word. The important thing right now for the people of Europe is that the trust is gone, and it is more important for the government to stick to their word, than take any drastic actions.

When you are in a position where all TRUST and all CREDIBILITY is completely gone,   you have to take drastic actions in order to help bring back trust and credibility. So the government are going to have to work hard and make an extra effort to win the hearts of the people. The only way they can do that is by sticking to their own set of rules and goals.

A lack of fiscal stimulus would make Europe’s recovery even slower. There are talks of things recovering as soon as the end of this year, but as we have been forecasting, there is a very deafening silence ringing in the ears of most people. Is this a calm before the storm? Well I will let you be the judge of that. You just need to know that 99% of the stuff that you see on the news and mainstream media is total Bullshit! Yes, that is right!

The time to wake up was yesterday, especially if you are currently living in Europe. If you are reading this and one of the ones who are awake, stand up and take a bow. Consider yourself about 10 light years ahead of all the other sheeple out there.

Rising Fuel Price Hurt Obama

The last few days OBAMA has been acting like a member of the flat earth society, by disregarding clean energy and promising citizens he will cut the prices of fuel in 2012. But when you look back in history there is never a silver bullet or quick fix to high gas prices. It is obvious that he is trying his very best to win some extra votes for the election at the end of this year.

You could say he has some serious contenders in the political race, so do not be surprised to see what other tricks Obama has up his sleeve.

Obama’s recent approval ratings have plummeted due to inflation and the price of gas rising to $3.62 a gallon. (even hitting above the $4 mark in some states)

Over the weekend, there was talks about the current middle east tensions and what effect that was having at the gas pump. The international Energy Agency said they expected Iran’s oil export could be cut in half this year as sanctions approved by the European Union takes affect.  This year Obama hinted that he is trying to pressure Tehran to abandon its quest for nuclear weapons which includes using several tactics to block oil exports. That shows that he is not really trying to keep fuel affordable for cash-strapped US households right now.

Doing this would actually squeeze world supplies and push up gas and oil prices significantly. Larry Carl, of Oil Outlooks today said the current rise in fuel reflects tight global supply and further cuts could push fuel prices from their current levels all the way to $4.50US a gallon, maybe even $5 US at some point.

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More Boomers Selling Homes, but Who Will Buy Them?

There are More Boomers Selling Homes, but Who Will Buy Them?  Numerous amount of baby boomers are putting their homes up for sale. While these older generation have more interest in selling their homes, it seems the the new generation do not have the capital or interest to buy them.

There are lots of homes being put on the market, however there really is a hesitancy on the part.

We have to remember that the economy right now is not doing particularly well, despite what the government keep cramming down our throats. As we get older, we like to downside, spend less, work less. Baby boomers are getting on, and want to enjoy the rest of their life and keep healthy and will do whatever they think is necessary to make that happen.

The problem though is that the Generation Y and those born between 1980 and 1995 is they are not buying up the inventory for sale. Younger generations do not have the financial backing or the know how and it has caused a real slow down.

Younger adults have higher levels of credit, credit card loans, student loans which are going to take decades to pay off.

Right now there are too many variables, and housing is going to depend on what the younger generation are going to do, and no one really knows what that is, right now in 2012. It is a little bit unpredictable.

It is a frightening trend to see the number of house sales go up, and the buying demand is not there to match it. It is confusing analysts as most of them have got it wrong in the last few years. There really needs to be some sort of government intervention to help buy the buyers and the sellers depending on their age as well. If we do not plan for what is ahead it really is going to create a mess down the track. We all know what happens when the government tries to mess with something this big, yes, I do not need to go there. LOL.

Top Jobs That Survive Economic Downturns

Top Jobs That Survive Economic Downturns

jobs that survive economic downturns

Did you know that there are certain jobs that survive economic downturns. In fact if you do some serious research you will find that some occupations actually grow during these times. They may require you to do some extra training, however doing so can help you immensely in the coming times.

Here is a list of the best jobs that survive economic downturns.

Beauty & Hair Treatment

This is an industry that has been know to outlast recessions. It is based on the idea that all women try to look their best no matter what the world around them is doing. We all know that when a woman is out of the house they are normally out and about shopping and looking their best.

These types of businesses do fall under the small businesses category. It can help with tax purposes and keeping the cash flow going during times when things are tight.

Car Repair Service.

Let’s face it. Everyone needs a car. Whether you have a job or not. If you do a lot of traveling it is embarrassing to have a limp car. So the car repair business always does well, no matter what the economy is doing.

Most people nowadays are trying to save money and end up holding on to their cars a little longer.

Auto repair shops normally thrive during these times. If the repair shop has a good name, word of mouth spreads quickly and no matter what you need done, maintenance, oil change, or brake repair mechanics and other types of occupations are always in hot demand.

Shoe Repairs

Normally when the economy is thriving people throw out their shoes. Nowadays, people are holding onto their shoes even longer. But they are getting more wear out of their shoes. This is keeping many shoe repair shops thriving.

The funny thing is the old style of repairmen, otherwise known as cobblers are a dying breed. So much so that even local communities and government are putting in programs to have courses in shoe repairs, so the demand in this field never dies.

Thrifty Shops

In today’s day and age, everyone loves to find a bargain. But when the economy starts to dwindle, more people are out and about looking to save money because they have to. Thrifty shops over the years have been a great place to find clever bargains. There are some cleverly designed products that are actually fake, but look the same as their expensive counter parts. So you can by more so called brand name looking items cheaper.

Running a thrifty shop does take a little bit of time to master, however the rewards can be rather nice, and it does not require you to do any real expensive training.

A few weeks back the Associated Press reported that “a disorderly and potentially devastating Greek debt default is looking less likely. Greece and investors who own its bonds have reached a tentative deal to significantly reduce the country’s debt and pave the way for it to receive a much needed 130 billion [euro] bailout”

Negotiators for the investors said the deal could become final next week. If the agreements works as planned it will help Greece remain solvent and help Europe avoid a blow to its already weak financial system, even though banks and other bond investors will have to accept multibillion-dollar losses”….

“If no debt exchange deal is reached with private creditors and Greece is forced to default, it would very likely spook Europe’s – and possibly the world’s financial markets”

What we have to remember is the bigger picture here. It involves two things. The first is the trends we see that Europe will eventually default. We believe it is not a matter of “IF” but “WHEN”.  This is going to contribute to America’s diminishing power in the world today.

Secondly, if other governments  keep coming in and propping up Greece they are going to retain their power for a while. But the problem with that it is tenuous, and one wrong slip up and it will all come crashing down like domino’s. That would make the financial fiasco back in 2008 look like a Sunday picnic.