Wycky is back online
Sorry to my 5 readers out there I have been a bit busy being lazy and starting a new job and stuff.
I know its the 13 of July (as I write this) but I give it  time to get the info right and sort out the truth from the lies (or Rumours)
I [...]

Spain has been warned by the IMF to curve their spending to cut government deficits to prevent another “Greece” from happening.
The IMF statement, issued at the end of a routine consultation with the country, served as a reminder of how the same issues that have caused an acute panic in Greece are troubling other European nations.
In Greece’s [...]

The worlds top forecasters all believe 2010 is going to be a bad year, worse then the collapse of 2008 (and yes it was a collapse, if the US government didn’t pump $500 Billion into the economy it would have collapsed in ‘08) and much worse then the great depression.
Bob Chapman
First 6 months of 2010, Americans [...]

As Europe is bailed out to the tune of nearly $1 trillion dollars, Congressman Ron Paul warns that the constant monetization of debt, allied with taxpayer-funded bailouts, will inevitably lead to runaway inflation and the collapse of paper currencies.
Under the terms of the Federal Reserve’s credit swap deal with the EU – in addition to [...]

A Good Interview below with Gerald Celente. He starts of with an “I told you so” about Greece, then talks about what to expect this year and why it is happening.
I believe Gerald is 100% right about the economy, our fiat monetary system and the coming collapse of 2010.

Anyone notice that 1000 point drop in the Dow Jones, apparantly the cause was human error – fat finger syndrome  !
A HUMAN trading error at a “major firm” may have caused a huge plunge in the US share market overnight.
A TRADING error known as the “fat finger problem” at a major investment bank may have caused a huge [...]

An estimated 100,000 people took to the streets Wednesday during a nationwide wave of strikes against spending cuts aimed at saving the country from bankrupty.
Protesters were hurling Molotov cocktails at police and buildings. At least two buildings were on fire, while hundreds of people were involved in the clashes.
The government agreed to drastic budget cuts [...]

The IMF has just announced that it is expanding its New Arrangement to Borrow (NAB) multilateral facility from its existing $50 billion to a massive $550 billion! (SDR333.5 billion).
That is an increase of half a trillion dollars.
You think there is something they are not telling us????
Related stories:
FDIC Opens A Massive New Office Just To Handle The [...]

Greece is running out of money and fast.
Greece is trying to get a loan from Germany and below market rates, even if they do it sounds like are only delaying the inevitable.
http://www.moneycontrol.com/news/world-news/greece-needs-concessionary-ratesgermany-soros_451152.html
Also See Greece hopes EU debt plan will lift before money issue

That’s a 3-month yield of about 15% – an inversion that says that Greece [...]

The yield on 10-year Treasuries – the benchmark price of global capital – surged 30 basis points in just two days last week to over 3.9pc, the highest level since the Lehman crisis. Alan Greenspan, ex-head of the US Federal Reserve, said the abrupt move may be “the canary in the coal mine”, a warning [...]

Watch Video Below

What is the FDIC:
The Federal Deposit Insurance Corporation (FDIC) preserves and promotes public confidence in the U.S. financial system by insuring deposits in banks and thrift institutions for at least $250,000; by identifying, monitoring and addressing risks to the deposit insurance funds; and by limiting the effect on the economy and the financial system when [...]

I have previously posted Gerald Celente’s forecast videos re the 2010 collapse.
He still believes this is the case, the stimulus / bailout money is running out  and 2010 the breaking point for modern “society.
Survivalism” will  go main stream, people will need their own power as well as grow their own food and defend them selves as people turn to gangs [...]

More bad news about the US economy.
Home Sales are down 11.2% January even though economist were expecting a 5% increase from December. It goes to show most have no idea what they are talking about because they are believing what is being fed to them by the government. Don’t forget the Obama administration has been saying the [...]

A lot of bad financial news coming out of the US in the last 24 hours, just seems to be getting worse. Recession 2010/11 is around the corner
WASHINGTON (MarketWatch) — More than 11.3 million homeowners — nearly one-fourth of all Americans with a mortgage — owe more on their loan than their home is now [...]

The story below is a “joke” that has been circulating around the web.
The sad thing is it’s really not that funny because its very true, we have a pointless & phony  monetary system and this story illustrates that very nicely.

Economic recovery
It is a slow day in the small Minnesota town of Marshall , and streets are deserted. [...]

If anyone actually watched Obama’s State of The Union Speech it was more like a pep rally or like Obama was re campaigning, there was more clapping and cheering going on then anything else. I watched the first 20min i was starting to get an odd feeling in my stomach, i felt like i was going [...]

Please watch videos below Part 1 & 2.
Relates to – Celente Blasts Obama Bank Tax Plan

Calls Financial Crisis Commission, a Hearing for the “Deaf”
RHINEBECK, NY, 17 January 2010 — Last Thursday, Russia Today (RT) television interviewed Trends Research Institute Director, Gerald Celente for his analysis of President Obama’s proposed tax on banks to recoup bailout costs, and what to expect from the special Financial Crisis Inquiry Commission charged with determining [...]

Happy new year everyone!
Lets take a look at what 2010 holds for us and who better then Gerald Celente the world’s leading trend forecaster.

Also below is an email sent to me from the Trends Research Institute:
KINGSTON, NY, 7 December 2009 — The first decade of the 21st century is going out the same way it came [...]