Courage and one economic forecaster who predicted the 2008 crash, financial crisis, and housing collapse

Courage and one economic forecaster who predicted the 2008 crash, financial crisis, and housing collapse

Courage is what makes the difference. Many people are terrified of fear, as in paranoid and anxious. Many are paranoid about appearing afraid to others and even to themselves, as in ashamed. Many are reflexively anxious about even exploring something new.
Basically, they are already paralyzed with fear and terror. They may say things like “negativity disturbs me” and “which villainous individual or group is most to blame for the consequences of my choices” and “which heroic politician will best protect me and save me from the consequences of my choices?”
There are many who have eyes, but having eyes is not enough. Those who are full of repressed fear and terrified of courage, they avoid facing what is plain and clear.
Courage is what makes the difference. Let those who have the eyes to see notice what is plain and clear.
For those who hearts are full of raging fear, let them compete with each other to see who can avoid reality the longest. Let the courageous cease from any raging blame and wishful thinking, then adapt and benefit from what is changing.
I am clear on the shifting trends that will determine the future value of your various alternatives. I can quickly assess your situation and present you with the best choices available to you. Let me know when you are ready to experience the courage of adapting now to benefit from change.
March 2003:
I forecast the collapse of the credit bubble and a resulting decline in real estate prices
“We can profit from the collapse of the credit bubble and the subsequent stock market divestment. …Real estate has not yet joined in a decline of prices fed by selling (and foreclosing). Unless you have a very specific reason to believe that real estate will outperform all other investments for several years, you may deem this prime time to liquidate investment property (for use in more lucrative markets).”
http://www.gold-eagle.com/editorials_03/hunn030303.html

November 2004:
I forecast a continuing rise in fuel prices which would be the specific trigger ending of the prior economic boom, resulting in a “deflating” of the credit bubble in the US and beyond
How many dollars will it cost to buy a gallon of gasoline next year?”
The basic idea of this article, “The REAL U.S. Deficit: Oil,” was that surging demand for fuel (worldwide and in the US) would continue to raise fuel prices (which had been rising since 1999), eventually leading to tightening budgets, then a reduction in fuel consumption, and a shift in  trends of economic behavior (buying, borrowing, lending, selling). I called that predictable sequence “The DOMINOIL Effect.”
http://www.gold-eagle.com/editorials_04/fibonacci110704.html
September 2005:
I forecast that the rising demand for fuel would be leading to a shift toward more spending for fuel and less spending on real estate, especially in “remote suburbs,” like the desert metros of Phoenix and Las Vegas.
“Weakness in US stocks or the dollar which leads to a “flight to safety” [i.e. to real estate] is not the same as strength in real estate. Real Estate markets are nowhere near as strong as oil markets. Think about it. Oil is the leader [reversing trend in 1999]. US stocks followed [in 2000]. The dollar followed them [in 2002]. Real Estate will follow next.”

November 2006:
I forecast the coming collapse of financial institutions (as well as a crash of the broader stock market)
“When the credit market shifts, [then] the real estate market shifts, and they are actually connected such that when the real estate market declines… that  actually greatly effects [lenders] capacity to extend credit. So, what you have is a context where banks can collapse.”



June 2011:
www.gold-eagle.com/editorials_08/hunn062911.html

Ezekiel 12:2 “Son of man, you are living among a rebellious people 

“Son of man, you are living among a rebellious people. They have eyes to see but
do not see and ears to hear but do not hear, for they are a rebellious people. 
//bible.cc/ezekiel/12-2.htm – 16k

Romans 11:8 as it is written: “God gave them a spirit of stupor 

 just as it is written, “GOD GAVE THEM A SPIRIT OF STUPOR, EYES TO
SEE NOT AND EARS TO HEAR NOT, DOWN TO THIS VERY DAY 
//bible.cc/romans/11-8.htm – 17k

Deuteronomy 29:4 But to this day the LORD has not given you a mind 

 But to this day the LORD has not given you a heart to
understand or eyes to see or ears to hear. 
//bible.cc/deuteronomy/29-4.htm – 15k

Psalm 119:18 Open my eyes that I may see wonderful things in your 

 Open my eyes to see the wonderful truths in your instructions. 
//bible.cc/psalms/119-18.htm – 15k

Matthew 7:3 “Why do you look at the speck of sawdust in your 

 “Why do you see the speck in your brother’s eye but
fail to notice the beam in your own eye
//bible.cc/matthew/7-3.htm – 16k

Matthew 7:4 How can you say to your brother, ‘Let me take the 

….. How can you say to your brother, ‘Let me take the 
//bible.cc/matthew/7-4.htm – 16k

Matthew 7:5 You hypocrite, first take the plank out of your own 

 Hypocrite! First get rid of the log in your own eye; then you will see
well enough to deal with the speck in your friend’s eye
//bible.cc/matthew/7-5.htm – 16k

Luke 6:41 “Why do you look at the speck of sawdust in your 

 “Why do you see the speck in your brother’s eye but
fail to notice the beam in your own eye
//bible.cc/luke/6-41.htm – 16k

Luke 6:42 How can you say to your brother, ‘Brother, let me take 

 Hypocrite! First get rid of the log in your own eye; then you will see
well enough to deal with the speck in your friend’s eye
//bible.cc/luke/6-42.htm – 19k
Matthew 13:13 This is why I speak to them in parables: “Though seeing, they do not see; though hearing, they do not hear or understand.


Matthew 13:14 In them is fulfilled the prophecy of Isaiah: “‘You will be ever hearing but never understanding; you will be ever seeing but never perceiving.


Mark 4:12 so that, “‘they may be ever seeing but never perceiving, and ever hearing but never understanding; otherwise they might turn and be forgiven!'”


Mark 8:18 Do you have eyes but fail to see, and ears but fail to hear? And don’t you remember?


Luke 8:10 He said, “The knowledge of the secrets of the kingdom of God has been given to you, but to others I speak in parables, so that, “‘though seeing, they may not see; though hearing, they may not understand.’


John 9:39 Jesus said, “For judgment I have come into this world, so that the blind will see and those who see will become blind.”


John 12:40 “He has blinded their eyes and deadened their hearts, so they can neither see with their eyes, nor understand with their hearts, nor turn–and I would heal them.”


Acts 28:26 “‘Go to this people and say, “You will be ever hearing but never understanding; you will be ever seeing but never perceiving.”


Romans 11:8 as it is written: “God gave them a spirit of stupor, eyes so that they could not see and ears so that they could not hear, to this very day.”


Deuteronomy 29:4 But to this day the LORD has not given you a mind that understands or eyes that see or ears that hear.


Isaiah 1:23 Your rulers are rebels, companions of thieves; they all love bribes and chase after gifts. They do not defend the cause of the fatherless; the widow’s case does not come before them.


Isaiah 6:5 “Woe to me!” I cried. “I am ruined! For I am a man of unclean lips, and I live among a people of unclean lips, and my eyes have seen the King, the LORD Almighty.”


Isaiah 6:9 He said, “Go and tell this people: “‘Be ever hearing, but never understanding; be ever seeing, but never perceiving.’


Isaiah 43:8 Lead out those who have eyes but are blind, who have ears but are deaf.


Jeremiah 5:21 Hear this, you foolish and senseless people, who have eyes but do not see, who have ears but do not hear:


Ezekiel 2:7 You must speak my words to them, whether they listen or fail to listen, for they are rebellious.


Ezekiel 2:8 But you, son of man, listen to what I say to you. Do not rebel like that rebellious house; open your mouth and eat what I give you.”


Ezekiel 3:27 But when I speak to you, I will open your mouth and you shall say to them, ‘This is what the Sovereign LORD says.’ Whoever will listen let him listen, and whoever will refuse let him refuse; for they are a rebellious house.

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