Predictions for 2009

[craig]

There are some interesting predictions for 2009 (from the USA) on Sharon Astyk's blog.
http://sharonastyk.com/2008/12/15/2009- ... d-at-last/
What are yours?

[steve]

Interesting topic. I guess it's all about whether there will be a fast or slow collapse in the UK. Even the mainstream is now saying we're on the edge of bankruptcy. I think that's a very uncertain point but for this exercise I'll assume a slow collapse:

1. There will be a backlash against climate change. The combination of cold weather and economic woes will make books like Nigel Lawson's new short one gain credibility next year.
2. Predictions about the economy will continue to get worse.
3. Major 80's style strikes
4. Oil price will stay low and peak oil will not be a major media topic.
5. Gas shortages in the UK by the end of this winter.
6. Deflation in the UK and other countries.
7. Unemployment breaches 3 million in the first 6 months and 4 million by the end of the year.
8. Aviation industry will be the worst hit industry.
9. House prices fall by at least another 25%.