Predictions for 2008 and onward

I'm not in the prediction business. But it is certainly fun.

Here are my predictions for 2008 and onward:

1. Economy will deteriorate further. We will actually hit recession couple with 4%+ inflation. The Feds will start raising rates. Smaller banks that don't have access to capital will go bankrupt or getting roll up into a bigger regional/national bank. The Banking sector will consolidate. Congress might lift the 10% saving deposit cap any bank can hold. Bank of America, JPM, Citigroup, along with 4-5 other bigger regional banks will be left of this mess.

2. Obama, or Clinton might win the election, but it doesn't matter. A colored man, or a woman- this nation isn't ready for either- they would be unlikely to win in the first place- even if they win, I'm sure assassination attempts will follow. The safe bet? Mike Huckabee, he sits well with all the "red" states. The nation continues to suffer from the hangover from recession/stagflation. Any rescue plans by the executive branch of the government will fail- because the Central Bank is the one that's controlling inflation and we can't really stop an economic cycle.

3. Jeb Bush will run for president 1-2 terms from now (that's 4-8 years). And he will win. And we will go into war with either Iran (oil), or Venezuela (oil). Oil will reach $200+. Stock market, which suffered for most of last 4 years (2008-2012) will pick up again as oil companies and defense contractors prosper- similar to what happened in 2004-2008.

4. North American Union (NAU) will be form. This will create a almost border-less nation (combination of Mexico, U.S. and Canada). All three nations will use one currency- the Amero. Which is similar to what already happened in Europe. (www.spp.gov)

5. Ohh btw, I didn't really make these predictions. George Orwell already did, he wrote a book titled 1984. If you read the book, you would know how close we are to the society that George Orwell predicted us to be.

http://en.wikipedia.org/wiki/Nineteen_Eighty-Four

Quote from the book:
"WAR IS PEACE
FREEDOM IS SLAVERY
IGNORANCE IS STRENGTH"

Sound familiar?