Here are some brazen predictions, including brief reasons why.
1. The bottom will drop out of the economy over the next six months.
Two reasons for this. First, the economy has been puffed up by “stimulus” money that is basically being wasted. The money will dissolve like sugar in hot coffee, and then, the whole thing will bomb.
2. China will not become the world’s next superpower.
China will not supercede America because they do not have property rights; they have internal ructions; and they are propping their economy up with stimulus spending.
3. The NSW government will not make it till the official state election date in 2011. Corruption is just too endemic.
4. Barack Obama will not be re-elected. He doesn’t have the political skills to push his agenda; his agenda is not particularly good anyway; and he doesn’t have the intellectual strength to deal with things he’s not expecting.
5. Kevin Rudd will probably be re-elected, but he’s only got one more election in him. It will take a couple more years before people figure out what sort of character the man has.
There ya go. Keep score if you like.
update: it’s probably unwise to predict “six months” on the economy when the money is still sloshing around. It could be longer. but not that much longer… just as long as it takes for the stimulus money to stop flowing.