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Thursday, October 23, 2008

Forecast 2009

Using the HDR I can see future events. In fact, more news of major job cuts at the big three automakers has dimmed an already gloomy forecast for the future. People now wonder if GM can survive. Talk of a merger with Chrysler is putting even more doubt in the publics mind. Ford announces even worse sales than expected. Other sectors are also hit hard. AIG the worlds largest insurance company burned thru 120 billion in emergency federal cash relief and now wants more money.

Unemployment numbers are higher than expected. People are now starting to realize that economic collapse is real. They are now starting to wake up. The sobering reality is not pretty.