The Financial Prophet Newsletter:
Volume 2 # 31
Issue: The US & Global Financial Crisis
Following the News of Financial Prophets
Who Predicted the Financial Crisis
Special focus on the US financial crisis and
recovery.
In this series we will follow the news, predictions and
statements of the experts who predicted the economic and
financial crisis. What did they predict then and what
are they predicting now?
In this issue, we will follow the statements of Med Yones, from the
International Institute of Management. Yones is the world renowned
expert who predicted the financial crisis in June 2006 in a policy white
paper, titled “US economy risks and strategies 2007-2017”. In Jan 2007,
through a series of press releases and media statements, he challenged
the US Presidents' State of the Union Address, the Federal Reserve
Chairman, and the top economists at that time. In an interview with
Reuters on March, 2007 he warned about the subprime mortgage, financial
bankruptcies, and the loss of confidence in the US economy. In September
of 2008 all of his predictions came true. When is the bottom of the
decline, when is the recovery, how long will it take, how will it look?
These are some of the questions that we will try to find answers for.
CEO Magazine: Expert Who Predicted the Financial Crisis Predicts
Recovery in 2010
An detailed CEO Magazine interview with Med Yones, the expert who
predicted the financial crisis
Med Yones Warning Reuters Interview - March 2007
Warning about the US Real Estate Bubble, Subprime Mortgage, Loan
Defaults, Bankruptcies, and Loss of Confidence in the US Economy
Policy
White Paper: US Economic Risks 2007-2017
Challenging the US President's State of the Union Address (Jan 2007),
Federal Reserve Chairman and top economists. The US Economy is heading
to a major crisis.
Med
Yones, the Financial Prophet
Who Predicted the Financial Crisis Says US Government Policies
Can
Collapse of the Economy
The same mindset of high risk
borrowing and over-extended leverage that led to the
financial system collapse will risk the collapse of the
US economy and its currency. With high rise of national
debt, it is only a matter of time before the global
investors will lose trust in US currency, treasuries,
and bonds
Financial Prophet Predicts Financial Recovery and Crisis
The US economy faces 3 options. Option 1: Allow a
painful, sharp, but quick correction cycle. Option 2:
Moderate the decline and suffer from several decades of
stagflation with intermittent periods of modest decline
and growth in dollar amounts; however the real economic
growth will be negative due to the decline in the dollar
valuation and inflation. Option 3: Is to invest in
innovation, export and growth industries.
Financial Prophet Says there is away out of the crisis
The only way out of this crisis is through the emergency
of a new legitimate industry, such as alternative
energy, nanotechnology or biotech, which will generate
enough tax revenues to pay the debt and attract more
capital. The auto industry led the recovery after World
War II; the IT industry led the recovery from the
Seventies’ financial crisis. Unfortunately the
government is doing too little in that area
Financial Guru Sees
Recovery in 2010
Financial guru sees recovery in 2010
Financial Oracles
Forecasts Decline bottom in 2009
Financial oracle sees the bottom of real estate decline
in 2009 Financial
Experts News Financial expert forecast recovery of
residential real estate decline in 2011 This
newsletter is provided courtesy
The Executive Times
Newsletter: Who Predicted
the Financial Crisis
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