Posts Tagged ‘recession’

Pernel’s 2010 Psychic Predictions Are Coming True …..

March 13, 2010

https://psychicinsights.wordpress.com/2009/12/26/2010-psychic-predictions-by-pernel-dove/

* There will be 5 hurricanes make landfall this year.

Update: March 11, 2009 – Hurricane Season Could Be ‘Extreme’ Forecaster Says – AccuWeather.com, which just issued its early hurricane season forecast, not only believes that the 2010 season will be more active than last year, but the private company sees the potential for an “extreme season” with an above-normal threat all along the Atlantic and Gulf coasts.

The forecast mirrors other early-season prognostications in terms of more tropical activity than last year. It projects 16 to 18 storms (hurricanes and tropical storms), 15 of which are expected to occur in the western Atlantic and in the Gulf of Mexico, potentially posing a threat to U.S. coastlines. Seven hurricanes are forecast by AccuWeather, five of them major (Category 3 or stronger). Two or three major hurricanes are projected to make landfall, with seven total storms making landfall. AOL News

* The economy will destabilize to its lowest point ever.

Update: March 8, 2010 – It will be far worse than the Great Depression If the economy was a person, then the producing sector (agriculture, manufacturing, mining, etc) would be its “income”. If the service sector is much smaller than the producing sector (like China today or the US one hundred years ago), then a country is living below its means (net saver). If the service sector is much larger than the producing sector, then a country is living above its means (depleting savings and going into debt).

Below is a graphic showing the different sectors of the US economy over the last two hundred years.

http://3.bp.blogspot.com/_EZMGVwURo3M/S5Tqnb0TPpI/AAAAAAAACcE/CqotrmxTfbg/s1600-h/chart01v2-789466.PNG

Here is what needs to happen (and what will happen) in the next two years to bring the US economy back into balance.

http://2.bp.blogspot.com/_EZMGVwURo3M/S5TqnndRdwI/AAAAAAAACcM/G17Phhkknwk/s1600-h/chart01v2v2-790648.PNG

GDP is a flawed measure of a nation’s wealth

If the economy was a person, then its GDP represents its “spending”. As anyone knows, by dipping into savings and borrowing money, a person can temporarily live beyond their means. This is what the US has been doing big time for the last few decades.

It is ridiculous that economists consider the US to be the “largest” economy in the world based on this flawed economic measure.

It will be worse much worse than the great depression

If you are worried about someone defaulting on their debt, do you:

A) Compared that person’s debt to his “spending”.
B) Compared that person’s debt to his “income”.

(the answer should be dead obvious)

Now I am sure that most readers of this blog have seen some version of the chart below, comparing US debt to gdp (“spending”). This chart incorrectly suggest that the US is due for a downturn as bad as the great depression.

http://4.bp.blogspot.com/_EZMGVwURo3M/S5Tqn9K-6tI/AAAAAAAACcU/d4llAXQRh20/s1600-h/total-us-debt-vs-gdp-791588.png

The reality is that total US debt should be compared to America’s producing sector (“income”). As a percentage of gdp, the producing sector in 1930 was four times the size of the producing sector today. This tells us that the US economic collapse will be far worse than the great depression Posted by Eric deCarbonnel Market Skeptics

* A massive earthquake will hit the coast causing tremendous damage

Collapsed building in Concepción

Update: February 27, 2010 – Chile Quake One of the Strongest on Record An 8.8-magnitude earthquake that struck off the coast of Chile early this morning toppled buildings, cut roads, power lines and telecommunication, and set off tsunami warnings that sent people scrambling for higher ground from China to Hawaii.

Experts said the quake was one of the strongest ever measured in the world and was the most powerful temblor to hit quake-ridden Chile in half a century. Authorities believe at least 300 people were killed by the tremor. AOL News

COMING SOON – NEW PSYCHIC PREDICTIONS !!!!

So what is in your future?

Contact Psychic Pernel Dove today for a reading

kystlnet@aol.com or http://www.krystalnet.com

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2010 Psychic Predictions by Pernel Dove

December 26, 2009

Predictions made Dec. 26th, 2009 by psychic Pernel Dove

copywright 2009 – 2010 by Pernel Dove and www.krystalnet.com

* Be prepared for some attempted terrorist attacks on our soil.

* There will be an assignation attempt on a major American political figure.

* The real pandemic will emerge within this new year of 2010.

* There will be 5 hurricanes make landfall this year.

* Spring weather patterns will be very off this year and the weather will be violent.

* The economy will destabilize to its lowest point ever.

* A massive earthquake will hit the coast causing tremendous damage

What is in store for your future?????

Call Pernel for a reading at 352-376-8822

More 2008 Psychic Predictions Came True ….

November 15, 2008

2008 Psychic Predictions came true ….

https://psychicinsights.wordpress.com/2008/07/28/new-psychic-predictions-made-on-july-28-2008/

* Don’t relax on tornadoes as the threat of them is by far from over this year.

Update: November 15, 2008 –

August 18–27 (Tropical Storm Fay)

The largest tropical-related tornado outbreak since 2005 began with at least eight tornadoes being reported across Florida as a result of Tropical Storm Fay making landfall. The most significant damage was reported in Wellington, Florida where minor structural damage was reported and many doors and windows were blown out by an EF2 tornado. Damage was also reported near Barefoot Bay from a possible tornado that resulted in three structures being uninhabitable. Tree damage was also reported in several communities.[207][208]

Another round of tornadoes related to Fay took place on August 22 and 23. 11 more tornadoes were reported across Florida into southern Georgia.[209][210]

A tornado also set ground on August 25, near the Florida city of Crestview. More tornadoes took place on August 25 through 27 across Alabama, Georgia and the Carolinas, although most were weak and short lived.[211][212]

[edit] September

There were 133 tornadoes reported in the United States in the month of September, of which at least 69 were confirmed.

[edit] August 31–September 3 (Hurricane Gustav)

A tornado outbreak occurred as a result of Hurricane Gustav, which made landfall early on September 1 in southern Louisiana. Most of the tornadoes were weak, although a few were damaging. The most severe damage in the first wave of tornadoes was in Jefferson Parish, Louisiana (which had already been hit by Gustav’s winds and rain), where a tornado late on the afternoon of September 2 destroyed numerous houses, an apartment complex and a restaurant, and damaged many other buildings.[213][214][215] More tornadoes were reported on September 2 and the early morning hours of September 3.[216] In Evangeline Parish, Louisiana near Mamou, a tornado during the early hours of September 3 damaged several houses and killed at least two people as well as injuring several others.[217] In total, over the four days, 68 tornadoes were reported and 43 were confirmed.

[edit] September 6 (Tropical Storm Hanna)

An EF1 Tornado was confirmed by the National Weather Service to have touched down in Allentown, PA before 3 pm. Some houses, many trees, and a portion of Louis E. Dieruff High School were damaged due to the very brief tornado. No injuries were reported. [218]

[edit] September 12–13 (Hurricane Ike)

As Hurricane Ike approached the upper Texas coast, the outer bands spawned several tornadoes in Louisiana. The most notable tornado damaged at least 15 houses in the community of Mamou, not far from where a tornado killed 2 during Gustav.

At the same time, a cold front tracked across parts of the Midwest. Several tornadoes were reported in the Kansas City metropolitan area eastward into central Missouri with structural damage reported. At least 3 tornadoes have been confirmed with the strongest storm being rated EF1 in Douglas County, Kansas. [219] [220] [221]

On September 13, the same two systems as they began to combine into one produced two separate tornado areas – one to the east of Ike’s track from Louisiana to Missouri, and another focused in southern Michigan. An EF2 tornado struck Plymouth Township, Michigan; damaging an apartment complex, flipping over cars, and knocking out power to several hundred residents.[222] In Arkansas, six tornadoes – all rated EF1 – were confirmed.[223]

[edit] October

There have been 27 tornadoes reported in the US in October as of October 28, of which at least 11 were confirmed.

[edit] October 8

Several tornadoes were reported across the Deep South as a small system moved through. The most significant damage was in Enterprise, Alabama, which was previously devastated on March 1, 2007 by a violent tornado. The civic centre was heavily damaged and several houses and businesses were also damaged by an EF1 tornado there. Other tornadoes were reported in several other communities in the Florida Panhandle and southern Alabama, although no injuries were reported.[224] Altogether, nine tornadoes were confirmed.[225]

[edit] November

As of November 15, 7 tornadoes have been reported in the US in November, of which at least 3 were confirmed.

[edit] November 15

During the early morning hours, a supercell thunderstorm spawned a tornado across central North Carolina, where several tornadoes were reported. One death was reported in Wilson County after a house was destroyed in Elm City. Another death was reported in Kenly. Damage to homes and barns were reported in Sampson, Johnston and Wilson counties.[226] At least one EF2 and one EF3 tornado were confirmed in Johnston and Wilson Counties. [227]   Wikipedia

* The economy will take another sharp downturn and we will be on the verge of a Depression.  Many people will lose their jobs and work will be hard to find.  The dollar will reach a point of being almost totally worthless against foreign currency. 

 Update: November 15, 2008 – Wall Street ends turbulent week sharply lower  NEW YORK – Wall Street ended a turbulent week with another astonishing show of volatility Friday, with stocks plunging, recovering and then plunging again as investors absorbed another wave of downbeat economic news. The Dow Jones industrials fell almost 340 points and the major indexes all fell sharply for the second straight week. ( after an Obama win)

“The economic news continues to be very negative,” said Ben Halliburton, chief investment officer of Tradition Capital Management. “The realization that ’09 is going to be a very bad year for economic activity is starting to dawn on people and they are starting to digest how bad it’s going to be.”

The Commerce Department reported that retail sales plunged by the largest amount on record in October as consumers cut back on spending in the wake of the financial crisis. Retail sales fell by 2.8 percent last month, surpassing the old mark of a 2.65 percent drop in November 2001 in the wake of the terrorist attacks that year.

The Dow fell 337.93, or 3.82 percent, to 8,497.31, at its lows of the day. The Dow fell more than 300 in early trading, recovered to a slim advance and then turned sharply lower at the end of the day as hedge funds cashed out. Fund investors had a Nov. 15 deadline for withdrawing their money, which forced the funds in turn to sell stocks.

Meanwhile, the price of a barrel of light, sweet crude fell $1.20 to settle at $57.04 a barrel on the New York Mercantile Exchange. Oil has been falling for the same reason as stocks — the fear of a deep global recession. AP News

 So what is in your future?

Call Pernel for a Psychic reading 1-352-376-8822

New Psychic Predictions Coming Soon

November 13, 2008

As Pernel predicted, this is already happening –

 

* The economy will take another sharp downturn and we will be on the verge of a Depression.  Many people will lose their jobs and work will be hard to find.  The dollar will reach a point of being almost totally worthless against foreign currency. 

https://psychicinsights.wordpress.com/2008/07/28/new-psychic-predictions-made-on-july-28-2008/

 

More predictions to come. Check back with us soon for upcoming 2009 Psychic Predictions

July 2008 Psychic Predictions Came True …

October 27, 2008

More predictions from

https://psychicinsights.wordpress.com/2008/07/28/new-psychic-predictions-made-on-july-28-2008/ came true as expected;

* Some very damaging things will be released on Michelle Obama. 

Update: October 15, 2008 – Accusing API of colluding with American internet bloggers in an effort to bring down her husband, Mrs Obama said she decided to call API because of what she termed, API’s help to spread rumours created by American bloggers and other racist media outlets in their efforts to damage a black man’s name, saying she hopes African Media was mature enough to be in the front to give unwavering support to her husband, a man Africans should identify themselves with. 

http://africanpress.wordpress.com/2008/10/15/shocking-development-mrs-obama-decides-enough-is-enough-my-husband-was-born-in-hawaii-and-adopted-by-his-step-father-does-that-make-him-unpatriotic-she-asks-on-a-direct-telephone-to-api/

* There will be a Huge rolling blackout covering at least two large states. 

Update: September 17, 2008-In the wake of Hurricane Ike, officials fear it could take weeks to restore power in some places, like Galveston and the towns near the Louisiana border, because major transmission lines have been knocked out, substations have been swamped and trees have fallen on neighborhood lines.

“It’s a rare event when you will see physical damage to most of the grid,” said Mayor Bill White of Houston. “Hurricane Ike, with our power company, was that kind of event.” http://www.nowpublic.com/environment/crews-31-states-texas-restore-power

* There will be a very large major earthquake in the USA creating a very large crack in the earth

Update: August 30, 2008-  Strong earthquake in Tibet leaves no casualties, but big crack Zhu, the Tibet Seismological Bureau chief, said the team was continuing the assessment at the earthquake epicenter and found there is a big crack on the earth’s crust. http://english.peopledaily.com.cn/90001/90776/90882/6489952.html

* There will be a very large object from space crash into earth barely missing the space station. 

Update: October 8, 2008 – ASTEROID IMPACT:  On Oct. 7th, asteroid 2008 TC3 hit Earth and exploded in the atmosphere over northern Sudan. An infrasound array in Kenya recorded the impact: map. Dr. Peter Brown of the University of Western Ontario has inspected the data and he estimates that the asteroid hit at 0243 UTC with an energy between 1.1 and 2.1 kilotons of TNT. The explosion was imaged by the weather satellite Meteosat 8:  Spaceweather.com

* The economy will take another sharp downturn and we will be on the verge of a Depression.  Many people will lose their jobs and work will be hard to find.  The dollar will reach a point of being almost totally worthless against foreign currency. 

 

Update: October 8, 2008 – Is the U.S. Headed Towards the Second Great Depression?  Stock prices have plummeted. The Dow has dropped 39%, from a high of 14,043 in October 2007 to below 8,600 a year later. Business credit has dried up. To restore financial stability, Congress passed an $800 billion bailout to buy back troubled mortgages. Housing prices have dropped 8% over the past year. The median single family home price has dropped from $229,000 in June 2007 to $213,800. Bank near-failures have taken some of the most prestigous financial services companies, including Lehman Brothers, AIG, Wachovia, Bear Stearns, Washington Mutual and IndyMac Bank as well as many foreign banks.  Oil prices have recently set new records, with futures prices rising to $147 per barrel in July before settling at $86 per barrel in October.

http://useconomy.about.com/od/criticalssues/i/2_great_depress.htm

 

 

Call Today for your Psychic Reading with Pernel

352-376-8822

www.krystalnet.com

 

2007 Psychic Predictions Updates

November 28, 2007

. Psychic Predictions by Pernel made on November 7, 2007  

*  We will head into a depression.

Nov. 7, 2007 (Bloomberg): Dollar Slumps to Record on China’s Plans to Diversify Reserves The dollar fell the most since September against the currencies of its six biggest trading partners after Chinese officials signaled plans to diversify the nation’s $1.43 trillion of foreign exchange reserves. The dollar fell against all 16 of the most-active currencies, declining to the weakest versus the Canadian dollar since the end of a fixed exchange rate in 1950, a 26-year low against the pound and a 23-year low versus the Australian dollar. The New York Board of Trade’s dollar index dropped to 75.21 today, the lowest since the gauge started in March 1973. By Agnes Lovasz and Stanley White

Nov 15, 2007  WASHINGTON (Reuters) by Mark Felsenthal: Consumer prices up sharply as jobless claims rise. U.S. consumer prices rose briskly last month on energy costs, but outside volatile energy, inflation was largely contained, leaving room for the Federal Reserve to cut interest rates to bolster a slowing economy. A second government report on Thursday showed an unexpectedly steep rise in initial claims for jobless benefits last week, a suggestion the labor market is softening as the economy lumbers under the weight of a housing downturn, tighter credit and higher energy prices.

Nov 24, 2007: by Michael Barbaro – Bargains Draw Crowds, but the Thrill Is GoneAmerican consumers flooded stores yesterday on the traditional first day of the holiday shopping season, but the irrational exuberance of the Black Fridays of the last five years has been replaced by pragmatic restraint. With an uncertain economy, a slowdown in the housing market and high gas prices hanging over their heads, consumers flocked to discount chains like Wal-Mart, Target and Best Buy, brandishing bargain-filled fliers. In a reversal from years past, they largely bypassed more expensive retailers, including such powerhouses as Nordstrom, Coach and Abercrombie & Fitch, according to shoppers and merchants interviewed around the country. The nation’s retailers are making the same prediction, expecting this to be the weakest holiday shopping season in five years. NY Times.

 *  Drought will continue in many places and will become a critical problem.

map-drought.gif

Resource: http://drought.unl.edu/dm/monitor.html

* Tensions with Iran will heat to a very bad boiling point and war will be threatened

Nov 18,2007: (CBS/AP) Venezuelan President Hugo Chavez warned the United States on Saturday that oil prices could more than double if Washington attacked his country or Iran – part of a provocative opening address here to a rare OPEC summit.  “Oil is an energy for development, it should not become a tool for conflict and emotions,” said Abdullah, a strong U.S. ally.  Chavez used his position as the summit’s opening speaker to further his faceoff against the U.S. “We are witnessing constant threats against Iran,” Chavez said. “If the United States attempts the madness of invading Iran or attacking Venezuela again, the price of oil is probably going to reach $200, not just $100,” Chavez said. While Iran has been in a standoff with the U.S. over its nuclear program, left-wing Chavez is a bitter antagonist of President Bush. “We are witnessing constant threats against Iran. I think OPEC should strengthen itself in this capacity and demand respect for the sovereignty of our nations, if the developed world wants a guaranteed supply of oil.” Meanwhile Irans President has vowed that if the United States dares to attck his country he will attack back.  AOL NEWS  

*  Food prices will take sharp rises.

Nov 15, 2007:  WASHINGTON (Reuters) by Mark Felsenthal- Consumer prices up sharply as jobless claims rise. Food prices increased at a 5.5 percent annual rate in 2007, compared with a 2.1 percent rise in 2006.

Nov 22, 2007: Thanksgiving Inflation: 11% – A Thanksgiving Day turkey dinner with side dishes and dessert will be 11% more expensive this year, the biggest annual increase since 1990, because of depleted frozen-turkey supplies and rising energy prices. The average cost of 12 items typically served during the Nov. 22 holiday in the U.S. rose to $42.26 from $38.10 last year- The American Farm Bureau Federation. 

New Psychic Predictions made on August 27, 2007

* Expect some weird events this fall and winter, like tornados, freak storms, lighting strikes, things out of the ordinary.   

Nov 14, 2007: Thousands flee as 150 mph cyclone batters Bangladesh. Tropical Cyclone Sidr, packing sustained winds of up to 150 mph. USA Today