Who Predicted the
Economic Crisis
Following the News of Economic
Experts
Who Predicted the Economic Crisis
What did they predict? and what are they predicting
now?
Med Yones, the economic expert who predicted the economic crisis,
says bottom will be in 2009
We'll experience more volatility in 2009 on the way to
the bottom of the correction cycle. A modest recovery
will start in 2010/2011 (is the answer to when the
economy will recover
Experts Who Predicted the Crisis
What did the experts say then and now?
Experts Who Predicted US Economy Crisis See Recovery in
2010
We warned most of them about 2 years ago, yet no
one was willing to listen until the markets took their
first big hit in early
2007. Since that time, the policy paper was viewed more
than 250,000 times by
researchers, media analysts, and investors.
Economic Expert Who Predicted the Economic Crisis
Published a White Paper
Outlining US economic risks and strategies for the next
decade. The 3 most common questions are: (1) How did we
get here? (2) Why did our top experts miss it? (3) When
do you think the economy will recover? The short answers
are: (1) Spending on credit without enough production to
pay it back (2) Groupthink mindset, and (3) We'll
experience more volatility in 2009 on the way to the
bottom of the correction cycle. A modest recovery will
start in 2010/2011
Experts Predict Economic Recovery in 2010
One of the few people who saw the US economic crisis
coming, International Institute of Management President
Med Yones, is now predicting that the economy will begin
to recover in 2010. The most cost effective and quickest
method to stimulate the U.S. economy is to support job
creation through US small businesses and innovation
development. U.S. Census Bureau statistics show that 98
percent of all U.S. firms have less than 100 employees.
These 27 million small businesses create over 85 percent
of all new jobs and employ over 56 percent of all
private sector workers. The main focus of development
programs should be innovation development, export and
employment support. This solution would be a much less
burden on the taxpayers; it can be implemented without
too much new legislation, and would have a much faster
positive impact on the economy
Economic Expert Predictions
In a global financial crisis that has shaken the
world to its very core, participants will hear from the
leading expert on the new paradigm shift, his
predictions of the economic recovery, his views on
recovery strategies and what to learn from the financial
crisis.
Economic Expert Says Recovery is Not Before 2010
They also argue for strict oversight of any recovery
plan, oversight is critical to the success of the
implementation of any stimulus program, “The effective
and efficient program execution is necessary to avoid
waste, fraud, and the abuse of loopholes to divert these
funds to special interest programs. If the objective of
President-elect Obama is to lead the economic recovery
through the middle class, the job creation initiative
through small business and innovation development, would
be hitting 3 birds with one stone (sustainable job
creation, middle class support, and increasing US
businesses competitiveness through innovation
development
Economic Expert to Give Keynote Speech to Wealthiest
Families
Yones also plans to provide highlights of a IIM's new
research report assessing President's Obama economic
policies and exposing new threats to US economic
confidence
Economic Expert warns of the loss of confidence in US
economy
The
worst thing that could happen to any
economy is the loss of confidence.
He said the bursting of the real
estate bubble and high consumer debt
were a major worry and "if people
started to think there may be a lot
of bankruptcies [in the subprime
lending market], then you're going
to see the stock market sell off."
Bloomberg: Experts Who Predicted US
Economy Crisis See Recovery in 2010
We warned most of them about 2 years
ago, yet no one was willing to
listen until the markets took their
first big hit in early 2007. Since
that time, the policy paper was
viewed more than 250,000 times by
researchers, media analysts, and
investors
Latvian National News, says Med Yones, the Economic
export who predicted the crisis predicts recovery in
2011 Latvian Daily News TV
Economic Guru Sees
Recovery in 2010
Economic guru sees recovery in 2010
Economic Oracles News
Economic oracle sees the bottom of real estate decline
in 2009 Economic
Prophets News Economic expert forecast recovery of
residential real estate decline in 2011
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