Chronology of collapse – the forecast for 2010

January 11, 2010 | Economic, Politics, United Nation, Weapon

This prognosis of world economic for 2010 I found on sourse MM News. . So you can read the complete article in German here www.mmnews.de/. Frankly saying I cant agree with the opinion of anonymous author that the situation is so awful but would like to share with you with one of the various scenarios of the end of this world.There is certain reasons there.

Well, Sunday, 10. January 2010

It is always difficult to predict economic and political situation, especially now, when being broken up the ruling political and economic “elite” is still printing press trying to keep the present situation as long as possible.

Author: anonym
It is still impossible to say: “The game is finished!” However, I would give an approximate forecast chronology of economic and political events which might happen in 2010 without any claim to punctuality and completeness.

I understand that this chronology of evets 2010 is rather an approximate index of the way we are going to.

I. Prologue
2006 – Financial crisis

Autumn 2008 – Throwing on the real economy

October 2008 – Recession turns into depression
Trillion-dollar program to rescue banks

Autumn 2008 – Deflation of all “financial assets” ( “financial assets”) (Eg property, stocks, etc..) then collapse in tax revenues in Germany
State land and communes need take 144 billion new loans in 2010

II. The beginning of the crisis

Beginning of 2010 – mass layoffs, a shorter working week “(=” delay in the end “and the first step to lay-offs)

1. wave of dismissals: industry (long-term-) investment goods, automotive industry
2. wave of dismissals: suppliers, construction of buildings after konyukturnyh programs.

From March / April 2010 – Possibility the failure of banks worldwide.
In Germany: Deutsche Bank, HRE, Landesbanken

From June / July 2010 3. – rising wave of dismissals: consumer goods, trade, banks and insurance
Subsidence consumption

Since the beginning of 2010 / early summer 2010 (April – June 2010) – Official U.S. bankruptcy and / or collapse of the Euro-currency? As a result Germany comes out from the euro area, to issue of new money in the former Europian contries.
4. wave of job cuts: the state retains only the most necessary personnel – military, police, the judicial system.
Unemployment rate: 50 – 60%

Burn foreign dollar assets
=de facto expropriation of creditors, the U.S. around the world

Hyperinflation in the U.S.
Monetary reform in the United States:
1.000 to 10.000 of the old $ 1 new = $ (gold dollar?)

(partly) the collapse of cashless payment systems. Restrictions / ban on cash withdrawals.

Destruction globalization
(container ships would not get more “credit letters” – “letters of credit)

From July – August 2010 The first interruption to the provision of goods.

Tourism collapsing minimum to 50%

III. Aggravation

August – October 2010 – Beginning of hyperinflation in Europe, the European Central Bank includes the machine.

Germany must pay 400 billion of old debts.

Since February 2009 U.S. it was printed 3 – 5 trillion. to cover the budget deficit, Europe is about 3.000 billion

Summer 2010, at the latest June – August 2010 The collapse of the market debt securities Germany

IV. Hyperinflation

From April – May 2010 The significant increase in prices for food and consumer goods, (+ 20%) Þ impairment konyukturnye money seep into the real economy.

Since the autumn of 2010
(September – October 2010) Prices are rising by 50% per month

Start World of hyperinflation.
Autumn 2010 — Summer 2012 Global hyperinflation, accompanied by a system of unsecured interim rates.

Autumn 2009 / 2010 – Last relatively good harvests? World drought reduces crop yields worldwide by 50%? There comes, at least in part, the collapse of mechanized agriculture, as well as fuel, fertilizers and spare parts difficult to obtain, the peasants have a lot of debt.

Summer – Fall 2010 Temporary stop oil and gas. Perhaps the war between the Arab and the Israeli army. Partial victory for the Arabs because Israel has no support for the U.S. and Germany. Reduce consumption of oil and gas.

Late Fall 2010
(October – November 2010) The resumption of oil and gas supplies in exchange for food, machinery, equipment, and so on. Payment in precious metals.

Late August / Fall 2010 End manipulated financial circles in the U.S. prices for precious metals. The collapse of the U.S. bond market, the yield of the dollar and paper assets. Stock market crash (Dow Jones at 500 – 1000?)

1 ounce of gold is worth at least until the summer of 2010 $ 2,500, then at least $ 10,000

1 ounce of silver around $ 50, then to $ 1,000

(price of gold rises to five times higher than the level of food, silver – about 25-30 times!

V. Phase chaos

Autumn 2010 Early elections in many countries, national parties are losing voters, the extremists would take at least a third of parliaments.

At the latest since October 2010 Serious shortages of food, fuel, energy. Hungry riots. Prerevolutionary state.

Announcement of an emergency. Economic activity is reduced by 50%.

October – December 2010 “Sad” winter 2010/2011: Hyperinflation.

At 98% People savings dissolved in air. Nischanie People masses.

Mass unemployment, hunger, impoverishment.

Winter 2010 Mainly the “right” of revolution in Europe. There are new political structures. Round tables (public discussion).

With 2012 Reborn whether Monarchy, eg. The Habsburgs in Central Europe?
Concluding remarks

Important: due to attempts to save the system and manipulated as for example. printing money, possibly further extension of the existing system for a period of 6 to 12 months. In accordance with the specified time will be to move forward.

In the case of acceleration processes (due to the seriousness of the situation) all dates are moved forward (eg three months).

My assumptions are based on available to me by December 2009 data. In no case do not claim to accurate prediction of events in 2010! Yet I believe that the events described and the timing could about so look. As we approach these events and new information will be released update.

War, as for example. mentioned in the script Irlmayera (Irlmaier–Szenario), Most likely will not, because the decline, destruction, and the greatest pre-war riots in the history of the crisis will be so enormous that everything necessary for war, military, economic and logistical structures will be demolished.

via http://www.mmnews.de/