2010 Predictions: A List of Lists from Around the Web
As 2009 comes to a close, predictions for 2010 are plentiful. We’ve compiled a list from around the web for your reading pleasure.
Trend forecaster Gerald Celente predicts:
- an economic crash
- the rise of neo-survivalism
- an anti-immigration movement
- read more…
Karl Denninger’s thoughts on Where We’re Headed
- The stock market will end lower on December 31, 2010 than where it is on January 1, 2010.
- Housing prices will fall another 20%.
- Banks will begin dumping their foreclosure inventories.
- A massive wave of small business bankruptcies.
- Unemployment will appear to improve, but it will be an illusion and we’ll end 2010 above 10% on the U-3 unemployment rate
- Read more…
National Inflation Association:
- We will learn the 2009 holiday shopping season was a bust.
- We will see a major decline in the Dow/Gold ratio.
- The U.S. Dollar Index will see short-term bounce, then huge crash.
- Oil will rise back above $100 per barrel.
- Major Food Shortages.
- Read more…
James Kunstler: Forecast 2010
Hat tip to Tom of the North for sending this one over.
- Rising Treasury interest rates resulting from, in part, forced government bailouts of bankrupt states like California and New York
- Dismal Q4 2009 retail sales will force many businesses into bankruptcy, including national chains. As a result, vacancies will increase and this leads to a final “push off the cliff” for commercial real estate.
- The above will lead to regional bank closures, leading to a bankrupt FDIC having to request direct bailouts from Congress, leading to even higher Treasury interest rates and higher mortgage rates.
- All of this leading to the recognition that we have entered a serious depression, which is only a facet of the greater period of hardship we have also entered, which I call The Long Emergency.
- Outbreak of civil disturbances on many levels.
- read more…
Kitco Commentator Roger Wiegand on Good News and Bad News for 2010:
- Housing sales both new and used for the first half of 2010 fail so badly, this market is literally in free-fall. There will be 7-10 million new mortgage defaults with most of those in the prime paying (not sub-prime) category caused by job losses
- $40-$50 billion in U.S. credit card failures are reported
- First half auto sales are reported. They will be so poor more car-makers file bankruptcy
- Commercial real estate loans bankrupt many developers and their projects among those existing, under construction, and planned.
- New York, New Jersey, Connecticut, Michigan, Ohio, Florida, Arizona, Nevada and California are among the financially worst, hurting from falling tax revenue on broken businesses and consumers….When some states face total collapse it will get very ugly very quickly….They will spend until there is nothing left to spend and then scream for help to the Federal Government.
- Read more…
Tony Sagami of Uncommom Wisdom Daily:
- The U.S. stock market is more overvalued and headed for a very painful fall.
- The dollar is overdue for a short-term bounce, but the factors that killed the dollar in 2009 â€” runaway government spending and massive trade deficits â€” havenâ€™t been fixed, so the long-term trend of the dollar is still downward.
- Interest rates are higher, but they are headed a lot higher. Inflation has yet to rear its ugly head â€¦ but it is coming.
- The commodity boom has a long way yet to run.
- Read more…
WebBot Half Past Human:
The predictions noted here are based on analysis by Half Past Human’s WebBot analysis tools. The information is acquired from across the internet, parsed, analyzed and the interpreted.
*Note from Clif High of Half Past Human: The predictions herein are produced using our radical linguistics method that has been in development and production since 1997. The data sets employed are a result of the data gathering begun in October 2008.
*Do not assume we know what we are doing in the presentation of this material. Always discount the information presented as it has an in-built error toward the most extreme connotations.
source: The Shape of Things to Come (Volume 0, Issue 3) – Data Set Analysis Dec 6 2009.
- More whistleblowers and information will be released about global warming, putting the entire global warming power structure at risk.
- The dollar will continue to die. Data sets are pointing to a very visible impact on the planetary populace as the financial system goes into lockdown crisis that will apparently ‘peak’ sometime before the March equinox.
- After November 2010, the US Dollar and the federal reserve will lose influence in the world at a shockingly fast rate.
- Social order will begin to crumble in a rapid manner once a threshold of suffering is breached. The issue seems to be large scale failure of the distribution system, which results in shortages of food across wide regions of the USA and other countries.
- Disruptions of social infrastructure over 2010 and 2011 in the continental USA include, among other things, medical systems, financial system, local government, natuonal energy supplies, law enforcement, food and energy production, international communications and transportation. All of these are indicated to be collapsing or imploding under the pressures of corruption and twisted hidden agendas.
- Visit Half Past Human…
Sharon Astyk: Practice Losing Farther, Losing Faster:
Hat tip to The Survival Mom for sending this one over.
- 2010 will mark a (probably dramatic) resumption of the economic crisis, which will not be short or pleasant.
- We will face deflation, probably simultaneously with fluctuating and sometimes extremely high (at least in relationship to people’s ability to pay) prices for food and energy
- The trend towards growing your own, small home livestock, and home food preservation will continue to grow and expand
- There will be a fragmentation of mostly fairly unified fronts among climate change activists and scientists as we are forced to deal with the revelations of last year
- Most people won’t look at 2010 as the year it all went to hell. But looking back from 2015 to 2005, they will know that somewhere in there, it all went to hell, and well, this was right there in the middle.
- Read more…
Got a prediction, or care to comment on one of the predictions above? Feel free to post it below. You’re guess is as good as any!
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Date: December 31st, 2009
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