2010 Predictions

Thinking that this year will be fairly quiet. So here are my predictions.

1)There is more debt in the world, than money available to pay that debt. The debt can never ever be repaid. All the government stimulus is just delaying the inevitable. This is unsustainable economics and it eventually must collapse. It will begin with the US dollar becoming nearly worthless. The entire collapse won’t happen this year but here are some signs to look out for:

-More countries will stop accepting payment in USD for goods and debt repayments
-Oil price will become based in Euros not USD

-Small Finace companies (who did not get anybailout money BTW) will continue to quietly fold.


2) Obama will get health care reform passed and then be killed
3) Ricky Ponting will announce his retirement at the end of the ASHES.
4) Wrestling fans will continue to whine about the product rather than just stop watching like I did.
5) The big one will hit LA.
6) Israel will pre-emptively strike Iranian nuclear facilities. (it is a sure thing this year)
7) Life will be found on Mars

Like I said pretty quiet year coming up. The real shit won’t hit the fan until November 2011