Astrologers predictions----Ding Dong!!!:)
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Astrologers predictions----Ding Dong!!!:)
The situation in Crimea / Ukraine is far from done & dusted. The two main flashpoints now are 1/ Can Ukranian forces inside Crimea be repatriated back to Ukraine without any incidents breaking out between the 2 sides, which include russo-crimean militia , 2/ What will the russian ethnic people in Eastern Ukraine do as they see Crimea being rapidly merged into Russia. Will they revolt in some way against Ukraine, which in turn will get a response, which in turn will invite response from Russia in their support?
Additional to the above, we have an increasingly unstable geo-political situation with the USA suffering repeated blows to their prestige, with potential flash-points in North Korea, Syria, the South China Sea, the almost forgotten Al Qaeda, the Balkans. The USA will be looking to regain prestige, Putin will be looking to build Russia's prestige following the recent momentum he has gained. Look for proxy conflicts pitting the USA against Russia, as happened in the Cold War.
The United States could soon become a large-scale Spain or Greece, teetering on the edge of financial ruin.
That’s according to Donald Trump, who painted a very ugly picture of where this country is headed. Trump made the comments during a recent appearance on Fox News’ “On the Record with Greta Van Susteren.”
According to Trump, the United States is no longer a rich country. “When you’re not rich, you have to go out and borrow money. We’re borrowing from the Chinese and others. We’re up to $16 trillion in debt.”
He goes on to point out that the downgrade of U.S. debt is inevitable.
“We are going up to $16 trillion [in debt] very soon, and it’s going to be a lot higher than that before he gets finished. When you have [debt] in the $21-$22 trillion, you are talking about a downgrade no matter how you cut it.”
Ballooning debt and a credit downgrade aren’t Trump’s only worries for this country. He says that the official unemployment rate “isn’t a real number” and that the real figure is closer to 15 percent to 16 percent. He even mentioned that some believe the unemployment rate to be as high as 21 percent.
“Right now, frankly, the country isn’t doing well,” Trump added, “Recession may be a nice word.”
Those old comments of Trump's are still relevant today. The US national debt now stands at $17.5 trillion. Sooner or later the democrats and republicans will be having another show-down over debt, budget et al, and that means market uncertainty, and that will be good for gold.
Old hat buddy, if you want debt, look no further than China.
The country that the goldbugs ludicrously allege was gonna bury the USA. China's in the sh*t, big time, companies are starting to default on their debt and there's a lot more on its way.
https://www.youtube.com/watch?v=YW3h4wv8_ko
I just see a big, big world which is totally interconnected and therefore inherently unstable. Not one of USA, China, Japan, EU or the emerging markets is in robust health and heart, mostly far from it. This is a world full of flashpoints that can suddenly impact on the big picture. Whether is the gassing of women and children in Syria or a revolution in the Ukraine, localized events can quickly take on global dimensions, and both the forgoing events have seen the USA and Russia squaring off against each other. This is an unpredictable world, increasingly unstable, the USA is in decline while Russia and others are emboldened.
Old hat can become tomorrow's new hat, as history repeats. The debt ceiling show-downs crop up periodically, the proxy showdowns keep cropping up periodically.
Watch the youtube video about China and you'll change your mind. I wouldn't put 1 cent in Russia or China, the reserve currency for the duration of your lifetime will be the USD.