Tag: dollar value

The Dollar Slides

The last part of this July prediction has happened which predicted the unfolding of the government shutdown and the aftermath.

Notes on 7-22-13  “The US Treasury.. such mistakes.. one massive drop.. US congress inept.. US congress such discord no longer has any purpose.. the value of the dollar diminishes.. the toddlers have failed the people too many times..” Before I get the emails, no they are not predicting a collapse of the US economy, they seem to be showing rough roads ahead as the dollar diminishes because of the Treasury and somehow the workings or failure of work in regards to Congress, putting the blame squarely on them.”

The Facts: On 10-17 “The dollar slid against a basket of currencies on Thursday as a deal to end the U.S. debt stalemate in Congress prompted investors to focus on the economic impact of the government shutdown and the likelihood that Federal Reserve stimulus will stay in place.
Analysts said the two weeks of uncertainty that knocked investor and business confidence would have dented the growth prospects of the world’s largest economy.
The U.S. dollar is the worst performing currency as attention shifts from the U.S. debt debacle to incoming Fed rhetoric,” said Christopher Vecchio, currency analyst, at FXCM-owned DailyFX.com in New York.” Quoted News: http://www.reuters.com/article/2013/10/17/us-markets-forex-idUSBRE9900VQ20131017?feedType=RSS&virtualBrandChannel=11563

On another note they showed a US flag flying then showed it sliding downward. They also showed a large “O”. — Sounds like a sad moment

Congress Trouble Looms

This prediction has happened. The last part about the economy has not. Note, they seem to have a 3 month gap for many of the predictions now, this one created in July. Toddlers represent Congress otherwise known as baby bibbers. The prediction reads:

Notes on 7-22-13  “The US Treasury.. such mistakes.. one massive drop.. US congress inept.. US congress such discord no longer has any purpose.. the value of the dollar diminishes.. the toddlers have failed the people too many times..” Before I get the emails, no they are not predicting a collapse of the US economy, they seem to be showing rough roads ahead as the dollar diminishes because of the Treasury and somehow the workings or failure of work in regards to Congress, putting the blame squarely on them.”

The Facts: “Shutdown in 3rd day with bigger trouble looming. President Barack Obama laid the blame for the government’s partial shutdown at the feet of House Speaker John Boehner on Thursday, escalating a confrontation that is running the risk of a potentially damaging clash over the nation’s borrowing authority.

The Treasury Department warned that a deadlock over raising the nation’s debt limit could touch off a new recession even worse than the last one that Americans are still recovering from.” Quoted by http://news.yahoo.com/shutdown-3rd-day-bigger-trouble-looming-165936337–finance.html

Prediction 39 “The Economy” is Unfolding

Prediction 39 “The Economy” posted Sept 14 is starting to unfold today as stocks go into a free fall, it Reads: One more dive before the final turn around. Food prices, fuel prices, another free fall as the fiscal cliff questions the future value of the dollar. The national debt must be dealt with, taxes are required….Read more: http://worldwidepredictions.com/2012/09/14/prediction-39-the-economy/

“Dollar tumbles against euro after Barack Obama win” Headline of the Economy Times on 11/7. Quoted News: http://economictimes.indiatimes.com/markets/forex/dollar-tumbles-against-euro-after-barack-obama-win/articleshow/17125607.cms

“Stocks plunge on fiscal cliff fears” Headline of SF Chronicle. Quoted news: http://economictimes.indiatimes.com/markets/forex/dollar-tumbles-against-euro-after-barack-obama-win/articleshow/17125607.cms

A clear indication that this prediction is starting. The bad news, expect in 2013-14 some very deep cuts to contain government debt as well as some type of taxes.  The good news this is also a sign of better times to come, and a reminder that its business, invention, and innovation that gets us all out of this mess, not government.