Archive for July, 2012

Economic news of the past week reported that the U.S. drought was upgraded to being the worst in half a century • Obama isn’t going to be able to fix that in time for the election • The eurozone continued falling apart at the seams • The Persian Gulf looks more and more like its moving […]

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Will an Iran war with Israel and/or America happen in 2012 before the U.S. presidential elections or after? When will Israel attack Iran? What is the key factor that could change Obama’s timing that no one is thinking about … except maybe Obama.

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This revealing article about the threat of a nuclear Iran is sourced directly from Iran’s own FARS news agency, quoting Iran’s “Supreme Leader” as to what the West must fear. While it was part of my recap of the weekly news, I felt the quotes from Ayatollah Khamenei divulge intentions that should not remain buried in […]

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China brings its big bird in for an easing landing • Europe founders in the doldrums of its own making • The early-winter warmth that appeared to thaw the U.S. economy has turned into an economic drought • while Iran keeps the heat on from the Middle East.

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If the Eurozone’s leaders walked away from their summit thinking they had accomplished some bold plan that would start to solve their problems, they’d better get out some starting fluid to accelerate the start of their plan. Old political realities reappeared in economic news articles the next week like Hydra’s heads to bite off every […]

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It’s time to assess how well I’ve done (or not done) during 2012 in making economic predictions. As these prognostications have been scattered over various posts, I’ll gather all of them here in one place and dig into them with straightforward honesty.

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How long was it after Italy’s PM, Mario Monti announced that the euro crisis was “almost over” until it became a bigger crisis than ever? Within a month he found himself embroiled in the battle of his career against “Frau Nein,” Germany’s Chancellor Merkel, as the world watched the daily economic news articles out of […]

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