U.S.’s
$13 Trillion Debt Poised to Overtake GDP in 2012 "President
Barack Obama is poised to increase the U.S. debt to a level that exceeds
the value of the nation’s annual economic output, a step toward
what Bill Gross called a “debt super cycle.” The
CHART OF THE DAY tracks U.S. gross domestic product and the government’s
total debt, which rose past $13 trillion for the first time this month.
The amount owed will surpass GDP in 2012, based on forecasts by the
International Monetary Fund ..." bloomberg.com (site accessed
June 2010)
Junk
bond avalanche looms for credit markets "... When
the Mayans envisioned the world coming to an end in 2012 ... they
didn’t count junk bonds among the perils that would lead to
worldwide disaster, Nelson D. Schwartz writes in The New York Times.
Maybe they should have, because
2012 also is the beginning of a three-year period in which more than
$700 billion in risky, high-yield corporate debt begins to come due,
an extraordinary surge that some analysts fear could overload the
debt markets. With huge bills about to hit corporations and the federal
government around the same time, the worry is that some companies
will have trouble getting new loans, spurring defaults and a wave
of bankruptcies ..." dealbook.blogs.nytimes.com (site accessed
Mar 2010)
See
also: Forget 2012: The real bomb hits 2011 "
... When commercial real estate totally collapses in 2011, the government
will just create another several trillion dollar bailout. Then the
government will proceed to sell off nearly all of the assets of the
United States and turn them over to private corporations. The government
will say it can't pay for social security, medicare, and other social
programs and shut those services down ... The final result from the
final economic hit in 2011 is that there will be little or no public
institutions and the mass slavery to the Big Banks and their enforcement
arm, the Federal Reserve, will be complete ..." opednews.com
(site accessed Feb 10)
See
also: US Dollar collapse 2012 "
... I have been working on forecasts for 2010, and my study of the
USD situation and how much time it has left. I
first came to the conclusion that it was roughly ... two years from
2010. Actually, the calculation is two more years of relative USD
functionality before the world realizes in about a shocking week’s
time that the USD is just about to really go belly up. It’s
not 5 years out anymore in my calculations, we have roughly two more
years left. Wait,
that coincides with 2012! ..." marketoracle.co.uk (site accessed
Jan 10)
2012
Obama Star Logo and the Maya Prophecy "President
Barack Obama, in his most recent visit to Mexico, was photographed
with the Aztec Sun Stone in the background ... As Lord Pakal Ahau
came from his Winter Solstice retirement, we showed him Obama’s
picture and asked for a meaning for the 2012 year presidential election
and why he did it. Our Lord Pakal came with an amazing illustration
drawn by Chilam Balam of Chumayel for the 13th Baktun, the end of
the Maya calendar in 2012. And he asked us to include the design in
our 2012 Maya Prophecy Store saying in prophetic words, ‘Obama
will win in 2012 again.’ ..." pakalahau.wordpress.com
(site accessed Dec 09)
See
also: Who
will win the 2012 US Presidential Election? "Our
2003 algorithm for determining the winners of United States presidential
elections correctly ... predicted the winners of the 2004 and 2008
U.S. presidential elections. In this paper we apply the algorithm
to 18 potential Republican candidates for the 2012 U.S. presidential
election and find that seven have presidential electabilities greater
than the Obama/Biden ticket will have in 2012: Michael D. Huckabee,
Timothy J. Pawlenty, David H. Petraeus, Marshall C. Sanford, Haley
R. Barbour, Sarah L. H. Palin, and Pyush Jindal ..." Eric
Schulman, Daniel Debowy, members.verizon.net (site accessed Dec 2008)
See
also: President Obama already bookies odds-on favourite for
2012 " ... Newly elected President
Barack Obama is Paddy Power's odds-on 4-5 favourite for successful
re-election in 2012 and is a seemingly un-opposable 1-7 shot to win
the 2012 Democratic nomination. Paddy Power have installed Sarah Palin
as their 3-1 favourite to win the Republican nomination in 2012 and
make the glamorous Alaskan Governor an unlikely 7-1 shot to replace
Obama in the White House next time around. Palin's political colleagues
Mitt Romney and Mike Huckabee are priced at 5-1 and 7-1 respectively
to head up the Republican ticket in four years time ..." marketwatch.com
(site accessed Nov 08)
See also: Prepare
for Sarah Palin vs Hillary Clinton in 2012 "Sarah
Palin is an "authentic model of feminism" and her vice-presidential
candidacy "could well" lead to an historic all-female White
House race in 2012 against Hillary Clinton, according to a former
senior adviser to President Bill Clinton ..." telegraph.co.uk
(site accessed Sep 2008)
See
also: David
Petraeus will run for President in 2012 "Whichever
non-white man the Democrats put forth this year will win, and then
“King David” will challenge them in four years.This is
bad. Petraeus isn’t Wes Clark. He’s Eisenhower. He’s
driven, he’s brilliant, and he wins. Clark was smart, and nice,
but not special enough to stand out. Petraeus is a hero ..."
whatsrequiredky.com (site accessed Mar 2008)
2012
Presidential elections " ... there will
be 48 Democratic Senators running for President. The
Republican Party will have a choice between two candidates. One will
have excellent leadership skills, a proven track record, and charisma
to spare, but may have had marital problems 40 years ago. The other
will be squeaky clean, and totally unelectible. The GOP will select
the second candidate .... " Scrapwood - mateorico.wordpress.com
(site accessed Mar 2007)
Troops
could be in Iraq after 2012 "The
United States could have fighting forces in Iraq and Afghanistan for
a decade, the top Army officer said, even though a signed agreement
requires all U.S. forces to be out of Iraq by 2012.
Gen. George Casey, Army chief of staff, said Tuesday his planning
envisions combat troops in Iraq and Afghanistan for a decade as part
of a sustained U.S. commitment to fighting extremism and terrorism
in the Middle East. "Global trends are pushing in the wrong direction,"
Casey said. "They fundamentally will change how the Army works."
... " wmur.com (site accessed May 2009)
Ten
economic predictions for the USA in 2012 "
... By 2012, there will be a general feeling that the nation is in
immediate danger of blowing up or coming apart at the seams. This
fear will be justified, given that the U.S. has always been held together
by the promise of a continuously rising material standard of living—the
famous “pursuit of happiness”—rather than any ethnic
or religious ties. If that goes, so could everything else. We were
lucky in the 1930s—we may not be so lucky again ..." seekingalpha.com
(site accessed May 2009)
Gingrich
warns of third party in 2012 "Former
House speaker Newt Gingrich is warning of a third party mutiny in
2012 if Republicans don’t figure out a way to shape up ..."
politicaltickers.blogs.cnn.com (site accessed Apr 2009)
A
banana republic by 2012? "President Obama has presented
the most irresponsible budget in US history. His fiscal year 2010
budget projects federal spending of $3.5 trillion and a federal deficit
of $1.75 trillion. In other words, 50 percent of the government’s
budget consists of red ink ..." Paul Craig Roberts, vdare.com
(site accessed March 2009)
US
Cosmetic Surgery Procedures Market to Reach $15.1 Billion by 2012
Recent years have been glorious in the history
of cosmetic surgery products and procedures ... Although, slightly
disturbed as a result on ongoing economic meltdown, long-term forecast
promise nothing but a bright future. As the US population ages, and
people have access to discretionary income, they are indeed expected
to splurge on having a treatment, surgical or non-surgical ..."
prweb.com (site accessed Feb 2009)
US
poised to become world's largest wine-consuming market by 2012 "
... Imported wine consumption will pass the 100-million-case threshold
(1.2 billion bottles) by 2012, an increase of 17.9% vs. 2008, and
should generate a turnover of close to $10 billion ($9.688 billion)
at retail. Wine drinking in the US grew more than 14% in the five
years from 2003
to 2007 and is forecast to continue growing over the next five years,
albeit at a slower rate of nearly 12%. in.sys-con.com (site accessed
Jan 09)
Revolution,
food riots in America by 2012 The man
who predicted the 1987 stock market crash and the fall of the Soviet
Union (Gerald Celente, CEO of Trends Research Institute) is now forecasting
revolution in America, food riots and tax rebellions - all within
four years, while cautioning that putting food on the table will be
a more pressing concern than buying Christmas gifts by 2012 ... commodityonline.com
(site accessed Dec 08)
Letter
from 2012 in Obama's America posted by conservative
Christian group Focus on the Family Action. According to The
Associated Press " ...The
imagined look into the future is part of an escalation in rhetoric
from Christian right activists who are trying to paint Obama in the
worst possible terms as the campaign heads into the final stretch
and polls show the Democrat ahead ..." (sites accessed Oct
2008)
Will
America go bankrupt in 2012? " ... Current economic
events in only the last few days have led me to wonder: will one of
the tumultuous events of 2012 be the US government going belly up?
In other words, will it default on its Treasuries? ..." pastamanvibration.wordpress.com
(site accessed Sep 2008)
The
origins of the American military coup of 2012 "
... Americans became exasperated with democracy. We were disillusioned
with the apparent inability of elected government to solve the nation’sperplexing
dilemmas. We were looking for someone or something thatcould produce
workable answers. The one institution of government inwhich the people
retained faith was the military. Buoyed by the
military’s obvious competence in the First Gulf War, the public
increasingly turned to it for answers to the country’s problems
... " A work of fiction, www.dtic.mil (site accessed July
2008)
10
million fewer vehicles on US roads by 2012 "
... Over the next four years, we are likely to witness the greatest
mass exodus of vehicles off America’s highways in history. By
2012, there should be some 10 million fewer vehicles on American roadways
than there are today—a decline that dwarfs all previous adjustments
including those during the two OPEC oil shocks. And who will be parking
their cars? The 57 million American households that have both cars
and access to something resembling public transit. Gasoline at $7
begins to approach prices Europeans have paid for years, meaning that
chunk of America “will start to act more and more like Europeans
..." blogs.wsj.com (site accessed June 2008)
North
American biofuel revenues to double by 2012 "The
biofuels market in North America will earn revenues of $18.52 billion
by 2012, almost double the $9.98 billion earnings for 2007, according
to forecasts from Frost & Sullivan in its latest report, 'North
American Biofuels Market: Investment Analysis'. “Regulatory
support coupled with the need to address the geopolitical risk posed
by relying on the turbulent Middle East and Venezuela is driving the
growth of the North American biofuels market.... “Furthermore,
there is a strong venture capital investment climate in the next-generation
biofuels, which are expected to be more efficient, using algae, waste,
straw, wood, and other forest-based inputs that can be found in abundance
in the United States.” biofuelreview.com (site accessed
June 2008)
Monsanto
expects to double gross profit by 2012 "...
Monsanto's gross profit was $4.29 billion in 2007 and ...expects that
number to reach up to $8.5 billion by 2012. The company defines gross
profit as the difference between income and the expenses directly
attributed to it ...the
company's corn business continues to exceed expectations." sott.net
(site accessed May 2008)
Bush
says deficits will end by 2012 "The
White House continues to insist that persistent budget deficits will
disappear and surpluses resume by 2012, long after President Bush
leaves office. Critics say such projections are wildly optimistic
..." springfieldnewssun.com (site accessed Feb 2008)
See
also: A balanced budget by 2012 "Today,
The President Announced He Will Propose A Balanced Budget. On February
5, the Administration will present its five-year budget proposal,
which will show reducing budget deficits and balance in 2012. The
Budget will achieve balance while addressing the Nation's most critical
needs, including support for the Global War on Terror and sustaining
the strength of our economy through permanent tax relief..."
www.whitehouse.gov (site accessed Jan 2007)
See also: More
realistic estimate of veterans costs is $16 billion higher than the
Bush estimate for 2012 "...
In fact, even the White House doesn't seem serious
about the numbers. It says the long-term budget numbers don't represent
actual administration policies. Similar cuts assumed in earlier budgets
have been reversed..."
See also: Budget
surplus by 2012 "President
Bush, who built a record budget deficit, now says the nation could
have a budget surplus by 2012 – if spending is kept under control
during the remainder of his term and beyond, of course...." weblogs.baltimoresun.com
(site accessed Oct 2007)
Brooklyn
2012 Video with text spoken by
Sir Ian McKellen showing computer-generated images of Brooklyn in
2012 nypost.com (site accessed Nov 2007)
Financial
firms to spend $28.5 billion on wealth management IT by 2012
Wall Street firms are ready to spend on new wealth management
technology, according to a report released today by Datamonitor that
predicts spending on wealth management IT in North America, Europe
and Asia-Pacific will reach $28.5 billion by 2012 ... The Datamonitor
report suggested that as wealth managers seek greater competitive
differentiation, they will look to develop an ideal wealth management
platform that will be comprised of seamlessly interconnected, service
oriented architecture-enabled components combined with business intelligence
and analytical CRM components ..." wallstreetandtech.com
(site accessed Oct 2007)
See also: 2012
will mark the beginning of a great depression "The
US has just a few more years left of solid economic growth with an
accompanying rise in the DJIA. After that, starting no later than
2012-13, an economic decline of terrible proportions begins and lasts
until about 2025. thegreatbustahead.com (site accessed May 2007)
70%
of US homes will have broadband by 2012 "70
percent US homes or 86 million households will have broadband internet
access by 2012 according to a report by JupiterResearch. JupiterResearch
finds that wider availability of high-speed service will prompt nearly
36 million new broadband subscribers over the next five years...."
telecompaper.nl (site accessed June 2007)
New
York's taxi fleet going green by 2012 "Every
yellow cab in this city will be a fuel-efficient hybrid by 2012, and
stricter emissions and gas mileage standards for taxis will be phased
in starting next year, Mayor Michael Bloomberg said Tuesday. There
are now 375 hybrid vehicles among the 13,000 taxis rolling on New
York City streets. Under Bloomberg's plan, that number will increase
to 1,000 by October 2008 and will grow by about 20 percent each year
until 2012...." chicagotribune.com (site accessed May 2007)
See
also: Diesels
will outsell hybrids in the US by 2012
autoblog.com
(site
accessed May 2007)
IT
spending by the U.S. federal government to $102 billion by 2012 " In
efforts to achieve long-term efficiencies, federal agencies will focus
spending on system consolidation and modernization initiatives to
reduce IT infrastructure management costs and free money for mission
oriented applications." mae.pennett.com (site accessed Mar
2007)
General
Electric set to double profits by 2012 "General
Electric Co is on the right path to doubling its profits by 2012,
said CEO Jeffrey Immelt in an interview with Frankfurter Allgemeine
Zeitung. This
would mean that by 2012, profits after tax would rise to 36 bln usd
from 18.3 bln in 2005." Forbes.com (site
accessed October 2006)
Universal
access to health insurance by 2012 "
Americans should have universal access to health insurance
by the year 2012, a congressionally mandated report concluded Monday.The
report calls on Congress to move by next year to pass insurance reforms
protecting all citizens from catastrophic medical bills using either
market-based insurance policies or taxpayer-funded methods.It then
calls for new laws guaranteeing universal access to affordable health
insurance to be in place by 2012." Fox News (site
accessed October 2006)
US
Uranium industry to produce 20 million pounds by 2012 "Uranium
Producers of America Executive Director Jon Indall told StockInterview.com,'It’s
fairly apparent this industry, in the next four to five years, could
be producing in the range of 20 million pounds.' Questioned about
the big jump from about two to three million pounds of current uranium
mining production, Indall explained, 'Conservatively, five to six
years, but maybe even sooner.'" Financevisor.com (site
accessed Aug 2006)
Plan
to build four towers on ground zero by 2012 "The
new plan for ground zero calls for the accelerated construction of
a sprawling commercial complex: 8.8 millionsquare feet of office space
in four towers 58 to 70 stories high. All would open within a year
of each other, by 2012." New York Times (site
accessed April 2006)
See also Prototypes
revealed CapitalNews9.com (site
accessed September 2006)
USA
to cut its strategic arsenal by 80% compared to cold war times
"The United States will reduce
its strategic nuclear arsenal by 80% compared to cold war times by
the year 2012, acting U.S. Assistant Secretary of State for International
Security and Non-Proliferation Stephen Rademaker said at a Wednesday
news conference at the Interfax office in Moscow. Commenting
on a recent article in Foreign Affairs journal claiming that U.S.
nuclear potential had grown much stronger since the end of the cold
war he said that 'it is demonstrably untrue that the United States'nuclear
forces have not grown stronger since the end of the cold war.'"
Interfax (site accessed April 2006)
The
United States will not meet a 2012 deadline to eliminate its entire
chemical weapons stockpile, "according
to Defense Secretary Donald Rumsfeld. However, while many states are
behind schedule… Utah is on track." kutv.com
(site accessed Apri 2006)
See also:
USInfo.State.Gov
(site
accessed April 2006)
Effect
Measure (site
accessed Nov 2006)
Iowa
is projected to have 200,000 more jobs than workers to fill them
DesMoinesRegister.com (site
accessed March 2006)
The
Norwich Bulletin The
Navy remains committed to increasing new submarine construction to
two-a-year in 2012, but also committed to lowering the cost from $2.4
billion to $2 billion. (site accessed Feb 2006)
See also Submarine
production may increase before 2012 Norwich
Bulletin (site accessed Sep 2006)
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