Get ready to the world of fossil fuel free economies

Seven months ago, President Obama threw $787 billion of your hard-earned cash at a raging economic inferno -- but that's nothing compared to the $10 TRILLION that will go up in flames as the next economic crisis bears down on us.

We're on a collision course with financial disaster. Yet, a handful of the world's most savvy investors -- including Microsoft founder Bill Gates -- are quietly positioning themselves to secure massive profits. You can join them -- if you take advantage of the 3 opportunities revealed just ahead...

Dear Fellow Investor,


According to The Economist, "a fundamental change is coming" -- and sooner than any of us ever imagined.

You probably know all about it. The buzz has been building slowly for years -- and now it's deafening.

It's all over the nightly news and the pages of The Wall Street Journal, Fortune, and Time.

President Obama has made it a top priority for his administration... It took center stage at the Olympics... Now even the mayor of New York and the queen of England are preparing for it.

Yet you may not realize just how soon -- or how much -- it's going to impact our lives.

And I can almost guarantee you that nobody out there has explained the very best way for YOU to lay claim to your fair share of the profits that will come out of this inevitable crisis.

The world's foremost experts say $300 BILLION
will be generated -- in the next 5 years alone

That's why everyone from General Electric to Goldman Sachs, JPMorgan to British Petroleum, The Blackstone Group to Shell Energy -- and even billionaires like Bill Gates -- are racing to get invested.

It's also why I urge you to take the next few minutes to read this report in its entirety...

At the very least, you'll get the full story -- so you can decide for yourself if you'll be front and center when the big money starts rolling in.

Plus you'll get all the details on three immediately actionable investment opportunities that can help you cash in on this coming change -- and build the kind of wealth and financial security we all secretly dream about...

And I'll even show you how you can secure returns far greater than any of the legendary investment houses, companies, or innovators I just mentioned.

Shrewd investors just like you have already used this often-overlooked investment strategy to grow their portfolios by 2,941%, 6,771%, and even 21,201% -- in just the last 10 years alone!

I'll give you all the details in just a moment, but first let's discuss what many experts are calling...

"The Greatest Transfer of Wealth in the History of Mankind"

Right now -- while the rest of our nation struggles with a brutal recession -- a handful of sleepy, wind-swept West Texas towns are absolutely booming.

Not since the first railroad tracks were laid in 1881 have these backwater towns experienced such prosperity...

In places like Sweetwater, Texas, abandoned buildings are being renovated and restored. New shops, hotels, and restaurants are opening left and right. Schools are going up, and highways are being built.

You might be picturing old-money oil tycoons like J.R. Ewing sitting in their mansions, sipping bourbon, and relaxing as their oil rigs pump all day and night...

But here's the real shocker... these towns aren't booming because of oil -- they're booming in spite of it.

You see, they're at the epicenter of a $300 billion movement that holds the key to keeping the U.S. economy from hemorrhaging TENS OF TRILLIONS of dollars over the next few decades.

"The simple truth is that cheap and easy oil is gone.
This is one emergency we can't drill our way out of."
-- Billionaire oilman, T. Boone Pickens

Whether or not you believe that "peak oil" is a geologic reality, the economic reality is that this year alone we will buy $700 billion worth of oil from countries that, as Pickens puts it, "don't like us very much."

That's four times the annual cost of the Iraq war -- and roughly equal to the amount that was picked out of taxpayers' pockets in order to "bail out" Wall Street. Projected out over the next 10 years our tab for foreign oil will come to a staggering $10 TRILLION!

That's a gut-wrenching amount of money to just throw away -- especially when our economy is in such turmoil. And from the looks of it, things are only going to get worse.

In 1970, we imported 24% of our oil. Today it's nearly 70% -- and growing.

And although we represent a mere 4% of the world's population, we use nearly 25% of its oil.

The unfortunate truth is that we are hopelessly addicted to oil. And the readily available supply of that oil is coming into serious question...

The CEO of Total SA, one of the world's largest oil companies, recently confessed that the world can't increase oil output beyond current levels.
The Wall Street Journal reports that output from the world's existing oil fields is dropping about 4.5% per year and by up to 18% per year at some of the biggest oil fields in the North Sea, Alaska, and the Gulf of Mexico.
The New York Times reports that many of the world's top oil exporters may have to begin importing oil within a decade to keep up with rising energy demands inside their borders.
Of course, the Saudis claim they have plenty -- some 260 billion barrels in reserve. Yet they refuse to let outsiders audit their reserves or confirm these claims.

And even if they do have all that oil, you can bet they have only one motive: to get top dollar for it.

In fact, more than 75% of the world's oil supply is in the hands of state-owned oil companies who are worried only about their own bottom lines.

To make matters worse, population booms in places like India and China have caused demand to skyrocket -- putting an even bigger strain on this ever-diminishing supply.

Last year we saw just how quickly the price of oil and gasoline can spike -- and how much havoc this can wreak on our economy and our way of life.

The good news is that there now is a solution that is both feasible and profitable...

"Plans for the end of the fossil-fuel
economy are now being laid."
-- The Economist

20 years ago, wind energy was nothing more than a coffee-shop conversation between tree-huggers and hippies.

But since then, technologies have improved immensely... designs have become exponentially more efficient... and America's energy crisis has reached an urgent breaking point...

Meaning that wind energy has gone from something that we ought to pursue to something we absolutely must pursue.

Luckily for us, wind is now a viable -- and profitable -- way to wean ourselves off foreign oil. But don't take my word for it...

Researchers at Stanford University concluded that wind power can satisfy global energy demand 7 times over -- even if only 20% of available wind can be harvested.

Green Chip Review estimates, "By 2020, wind capacity in the United States will have grown 360%."

And the Department of Energy recently confirmed that up to 20% of America's electricity can come from wind by 2030 -- maybe even sooner.

When you consider that number currently stands at just 1%, you can begin to see why in-the-know investors are so excited right now...

The wind industry is about to explode 20-FOLD in the U.S. alone.

from the motley fool

World Bank President predicts 2009 as "VERY DANGEROUS"

(World Economy Updates) - World Bank President Robert Zoellick warned on Saturday of the consequences of an expected steep decline in economic growth across the world this year.

"I think 2009 is going to be a very dangerous year," Zoellick told a conference in Brussels, citing World Bank forecasts of a spike in infant mortality associated with the economic crisis, and a fall-off in world trade.

Also Read -
-US institutions reluctant to end crises
US Inflation at 50 year low
Countries hit by recession New
WAll Street Daily Updates
US Economy Revival - will bailouts help?
US Economic recession - why it happened
History of Dow Jone Industrial Average-since it's inception
Companies part of DJIA - latest

Zoellick proposed that the Group of 20 major and emerging economies -- whose leaders are due to meet in London next month -- establish a review process to see whether further stimulus measures would be needed to kickstart recovery.

posted under - world economy updates, recession news, economic crises updates, economy of world, 2009 predictions, economic crises of 2009

Does US institutions really want to get out of crises

Well the world has been talking about the ongoing economic recession from september 2008 onwards probably this economic crises has been the longest running headlines i have ever seen, it's already into sixth month since it's inception. and still the markets are not responding in the positive manner and would not do so for atleast another 3-6 months according to me. US government and all the governments of the countries which have been swept by the tide of recession are pushing a lot of capital into the market so that the stagnant economy starts to move in the cycle again.

But still it seems like a distant island which the world economy is searching for right now. Government bailouts is certainly not doing the work neither are the job cuts or other cost cutting measures being taken. Already more then US$500 billion have been pushed into the economy by the US government. However indian economy would be less affected by this turmoil since 2/3rd of the industrial output of indian industries is consumed internally and only 1/3 rd of the output is exported to outer world , However the sectors which are directly depending on the other foreign companies like our very own outsourcing industry is feeling the heat with cost cutting measures and pink slips all around.

Also Read :
-US institutions reluctant to end crises
-How Infosys managed to increase YoY profit
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-World's Strongest economies list
-US Economic recession-how it started

All the governments are trying their level best by infusing more money into economy, still the danger of deflation is haunting business houses and industries as consumer confidence hits all time low in 50 years. Adding to the problem further is that whether US institutions which are getting grants from government in billions themselves want to put an end to ongoing crises ? the answer to this question after looking to latest company updates is a big NO, Citigroup ordered a corporate jet worth US $ 44 million whose delivery is ready(We do remember that Citi group is getting aid from US government and is already undergoing some major restructuring of the organization), Merill lynch has disbursed US$ 4 billion as bonuses to it's top brass(It was too in ailing condition and BOA had to do a takeover of Merill Lynch to help it and from last two quarters Merill Lynch has posted heavy lossess) so what are these bonuses for??

Also Read :
-US institutions reluctant to end crises
-How Infosys managed to increase YoY profit
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-World's Strongest economies list
-US Economic recession-how it started

US newly appointed president BaracK Obama came to know about these two incidents and has slapped both the institutions with overspending amid bad times and when your President slaps you there is no other option then taking back the moves which have been termed as overspending and not using govt funds for coming out of the bad times. So Citigroup has finally cancelled the order of $44 million corporate jet.

Adding further trouble is that European economies have slipped into condition which is even worse then the US. Governments have started showing bankruptcies, recently i read that government of Iceland has stated that the country iceland is into bankruptcy huhh!!

Also Read :
-US institutions reluctant to end crises
-How Infosys managed to increase YoY profit
-Effect of Recession on Indian Economy
-Economies hit by recession
-Plan for World Economy Revival
-World's Strongest economies list
-US Economic recession-how it started

And according to me european economies would take even more time then US to come out of the economic depression which has now become biggest since the great 1929 depression which we read in our history books.

posted under - economic crises, US companies, govt bailouts, US economy crises, economy of USA, world economy updates, indian economic advantage

Asian Economies to be affected more in 2009

Asia-Pacific economies are in for a tough 2009. The region's fundamentals were solid in the first half of 2008, giving weight to the idea of global decoupling. This belief has been proven wrong, and no economy now seems immune from the US-led downturn.

Growth is expected to decelerate sharply in the first half of 2009, as all engines run out of steam. Those economies already in recession will continue to see harsh conditions through much of the year, warns Moody's Economy.com.

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Recent key indicators show the region has been struck hard by the global financial crisis. Although the turmoil began in mid-2007, much of the region did not begin to feel the pinch until a year later; increasingly complex economic links meant a long lag before the full scope was seen.
"As the US and European economies remain in dire shape, the worst for the Asia-Pacific is still ahead. Based on a forecast that the US will begin to recover in late 2009, the Asia-Pacific slowdown may end shortly after, though a solid rebound is not expected until 2010," said Sherman Chan, economist at Moody's Economy.com.

The global downturn hurts the Asia-Pacific region most immediately via trade. The US and EU directly account for a significant proportion of the region's exports. Meanwhile, still-turbulent credit markets remain a key risk to trade finance; shipments are held back as banks refuse to honor letters of credit.

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The region's manufacturing outlook depends largely on external demand, which is expected to remain subdued for much of 2009. Industrial production across Asia has been on a downward trend since the start of 2008, and began to contract in the final quarter. Economies concentrating in tech production were among the hardest hit, as discretionary items were the first to experience a slump in demand.

Although recent fiscal stimulus measures have focused on infrastructure development, which will support the industrial sectors, benefits will not be realised instantly. Hence, industrial output may further contract in early 2009.

"With the outlook gloomy and a bottom yet to be seen, investment is expected to be subdued through 2009. Business confidence is weak. Access to credit is still a concern, while the outlook of corporate earnings remains downbeat. Firms will continue to hoard capital in coming months. Companies will be extremely cautious with expansion plans, and new startups will likely be put on hold. Foreign direct investment is expected to moderate in 2009, a result of risk aversion and a preference for liquidity. Risk aversion is likely to see portfolio capital outflows continue during the first half of 2009, keeping Asian stock markets depressed," Moody's Economy.com said it a report.

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As the global downturn was triggered by chaos in the financial markets, the financial sector has been most aggressive in reducing headcounts to deal with shrinking balance sheets and a gloomy business outlook. Moreover, it will be difficult, even with fiscal stimulus, to absorb this group of recently unemployed people because of the skills mismatch.

Massive infrastructure projects announced by several governments will support construction work, but offer little help to white-collar workers. In any case, government rescue policies will not take immediate effect, meaning no upside to the overall unemployment situation may be seen before mid-2009.

Nearly all Asia-Pacific governments have announced fiscal stimulus measures. By far the largest was China's 4 trillion yuan package, equivalent to about 16% of GDP. Most of the announced stimulus plans take similar form, with infrastructure development a clear favourite, as it offers long-term economic benefits. With infrastructure needs chronic in emerging economies, countries may now improve their capital stock while supporting economic activity.

All central banks across the region will continue to loosen monetary policy. With growth momentum easing, authorities have attempted to soothe the debt burdens of households and businesses, and also encourage lending.

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read full article
posted under - indian economy updates, asian economies updates, world economy updates, global economy updates, India Economy, economy of india

Economies | Countries hit by recession 2008

1. Denmark - Denmark becomes the first European economy to confirm it is in recession since the global credit crunch began. Its GDP shrinks 0.6 percent in the first quarter after an 0.2 percent contraction in the fourth quarter of 2007.

2. ESTONIA - The Baltic state slides into recession with a 0.9 percent fall in second-quarter GDP after a drop of 0.5 percent in the first quarter.

3. LATVIA - Latvia joins its northern neighbor Estonia in recession as GDP falls 0.2 percent in the second quarter from the first quarter, when it fell 0.3 percent. Property markets and construction have suffered in both Baltic states.

4. IRELAND - The "Celtic Tiger" becomes the first country in the euro zone to slide into recession, with a 0.5 percent fall in second quarter GDP, following a 0.3 percent decline in the first quarter. Its last recession in 1983 saw thousands of people leave Ireland to seek work overseas.

5. NEW ZEALAND - New Zealand falls into a recession for the first time in more than a decade, with a 0.2 percent fall in seasonally adjusted GDP for the second quarter. First-quarter GDP dropped 0.3 percent.

6. SINGAPORE - First Asian country to slip into a recession since the credit crisis began. Singapore's export-dependent economy shrinks annualized rate of 6.8 percent in the third quarter after a 6.0 percent contraction in the second quarter, its first recession since 2002.

7. GERMANY - Europe's largest economy contracted by 0.5 percent in the third quarter after GDP fell 0.4 percent in the second quarter, putting it in recession for the first time in five years.

8. HONG KONG - Hong Kong becomes the second Asian economy to tip into recession, it's exports hit by weakening global demand. Third-quarter GDP drops a seasonally adjusted 0.5 percent after a 1.4 percent fall in the previous quarter.

9. ITALY - Italy plunges into recession, its first since the start of 2005, after GDP contracts a steeper-than-expected 0.5 percent in the third quarter. Second quarter GDP dropped 0.3 percent.

10. EURO COUNTRIES - The 15-country euro zone officially slips under, pushed down by recessions in Germany and Italy for its first recession since its creation in 1999.

11. JAPAN - World's second largest economy also went into recession due to dwindling sales in USA

12. SWEDEN - The Nordic nation announces it is in recession after GDP shrinks 0.1 percent in both the second and third quarters.

14. RUSSIA - Russia has also declared that it's economy is already into recession

13. USA - United States of America is already into recession from december 2007 , what looked like just mortagage crises broadened and engulfed all the above economies into it and still is in growing phase and will continue for another year 2009 for sure.

Threat of Deflation rises for the world

Developing countries, including China and India, are showing signs of economic cooling on account of the cascading effect of the globaldownturn.

India's industrial growth unexpectedly turning negative in October, shrinking by 0.4 percent after expanding by 12.2 per cent in the same month a year earlier, hint at the worsening conditions for the economy.

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Given the deepening global recession, the threat of deflationary spiral is mounting which may fix the global economy in similar lines of the great depression in 1930s. Even as analysts and economists feel that the governments have managed to rescue the global economy from a deflationary spiral by extending deposit guarantees and recapitalizing banks who suffered losses, attempts to artificially reducing interest rates to support prices are extremely ephemeral measures.

"They may appeal as a quick fix, defending banks from further losses. Artificially supporting prices removes the stimulatory effect that lower prices have on new investment. Instead of a V-shaped bottom followed by a speedy recovery, you may end up with an L-shaped depression," said Bred Jonathan, consulting partner at Kreg and Bordan Economic Advisory.

We often hear economists or analysts refer to the threat of deflation. Deflation is a natural function of the market to correct excesses from a boom. The boom normally ends when the central bank stops new money creation, which was used to synthetically stimulate the economy.

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Source www.economictimes.com - read full article

published under - deflation in world economy, deflation threat, economy of india, global recession updates, indian economy updates, world economy updates