Financial Analyst Predicted Current Recession Three Years Ago
Friday, March 6th, 2009With the country’s economy sinking even deeper into a recession, August Forthright, author of Gold, Oil, and God: A Look At America’s Future, continues to provide his clients with much needed information that can help them to shelter the financial storm. His book can be purchased at http://www.headsupforyou.net
San Diego, CA (IPRWIRE) Friday, March 6th, 2009 – Now that the country is in a major recession, the news is reporting every day about a company that needs bailed out or that is cutting jobs. August Forthright predicted much of what is happening back in 2005 in his book Gold, Oil, and God: A Look At America’s Future. In monthly newsletters he wrote about the housing bubble, the foreclosures, bank failures, US inflation, even the corruption of Fannie Mae and Freddie Mac.“People need to know that they are deliberately being misled about upcoming significant events that will impact their future.” August claims.
August claims that he first became interested in the economy in the late 1990s. He didn’t understand how dotcom stocks could be souring when the truth of the matter is that the companies weren’t making any money. When the next decade rolled around, he was concerned about how the news was reporting about the financial calamities that were occurring daily, but never explained why they were happening. He continued his research for the next 7 years, perusing various non-traditional news sources. Time was also spent reading the Bible and in prayer.