Economic Predictions Archive

Where did something wicked go?

Posted October 23, 2022 By David Haggith
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Last Sunday, I wrote about the big swings in the stock market that had just happened as follows: I’m anticipating this coming week will be horrendous. That kind of extreme bouncing is nothing but the rapids right before the lip of the waterfall.… I think that is what this is — extreme chop like the […]

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Something Wicked This Way Comes!

Posted October 16, 2022 By David Haggith
John Robert Charlton [CC BY 2.0 (]

From the intro to my last Patron Post: Thursday morning CPI, again, proved what has become my standing narrative for two years — that hot inflation would force the Fed to tighten faster and [thus] would kill the economy, the bond market and stocks â€” when all of the following headlines hit on a single morning (as […]

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Bottleneck Animal or ???

Posted October 12, 2022 By David Haggith

In this week’s podcast, Tom Pochari asked me what I believe is the ultimate destiny of humans and human civilization on this sometimes seemingly Godforsaken earth … so I told him: Bottleneck Animal (Top of left column at time of posting, October 12, 2022.)

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Down, Down, Down in a Burning Ring of Fire

Posted September 30, 2022 By David Haggith
Plane made of burning dollar bills symbolizes price inflation and the Fed moving to digital currency

The Dow plunged 686 points midday on Thursday and closed down 458, wiping out a large relief rally from the day before, and it went down for the key reason I laid out for understanding why the Fed will over-tighten and drive the economy into an extremely deep recession. A batch of economic data that […]

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The Train Wreck is Already Happening

Posted September 21, 2022 By David Haggith
By Photo credited to the firm Levy & fils by this site. (It is credited to a photographer "Kuhn" by another publisher [1].) (the source was not disclosed by its uploader.) [Public domain], via Wikimedia Commons

Today the market paid back some of its delusional holdings. It has a lot more left to pay back. You see, the market believed the Fed all of last year when the Fed said inflation was transitory. Or, at least, market leaders sold the Fed’s narrative, accelerating us into a heck of wreck.

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By Germán Torreblanca (Own work) [CC BY-SA 4.0 (], via Wikimedia Commons

Writing is a tough balancing act, especially when you know a fair number of people in your regular audience are not likely to like what you write. That is made even more precarious in a world so far off balance that it is now dividing like an amoeba into Left and Right halves and cracking […]

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To many economists, saying we are going into an economic crash would be a prediction because over eighty percent of economists do not believe we are even in a recession right now, much less a total economic collapse. To me, on the other hand, saying we’re entering an economic collapse is not a prediction at […]

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It all goes down in the same heap of rubble — zombie corporations and the junk bonds that are their sole life support and, piled on top, some of the banksters that funded them. Like a zombie apocalypse, it spreads around the world, taking out the weakest first but then the stronger players as the […]

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Perfect storm for 2019 recession

At the start of the year he said we were entering the “strongest economy” he had ever seen. Then he said he saw storm clouds. Then he said his storm-cloud forecast might have been underestimating the calamity coming upon us because we were likely facing an economic “hurricane.” Now we’re back to “storm clouds” and […]

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All currencies appear to be on a march into hell with the bloated dollar holding up by far the best, though the US economy faces abundant hazards. The star players to come out of the wings during this currency war will be central bank digital currencies. While the dollar is sinking in purchasing power locally, […]

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DonkeyHotey [CC BY 2.0 (]

This article is part of series of economic predictions I am making about the remainder of the year. My patrons got the first part of the series. I’m going to make every other part available to all readers as I lay out the trends I see happening in the economic news that I read daily, […]

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Katelynn & Jordan Hewlett, AP, CC BY-SA 4.0 , via Wikimedia Commons

The following is the first part of a broad overview of the major trends I believe are going to be the dominant stories for the rest of the year with my own projections for where these stories are going. This first part covers what I believe is going to happen (in broad terms) my prediction […]

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