Cheers! Your Predictions For 2009.

ossobuco wrote:

The economy will be in worse shape than it is now

That, osso, is probably true. Folks think 2008 was bad. Wait until 2009. Job losses are going to accelerate and underemployment, folks having their hours cut (which kind of slips under the radar), will worsen. Consumer spending will weaken for the year and housing values will continue to decline as part of the spiral.
2010? We might recover, but only after the government has printed a few trillion dollars in new money. Then we could see some pretty hefty inflation.

Some of us have gone through tough financial times ourselves. Others of us had parents or grandparents who went through the Depression of the 1930's.
Too many folks, I am afraid, have not. As long as there was room on the credit card, or a new one came in the mail, we were fat and happy. That is not sustainable.

Did you know, osso (my architect/urban planning etc buddy), that the U.S. has twice as much retail space per capita than any other country in the world?

People will add mitochondria enhancers to their health jargon for purposes of staying energetic, healthy, etc.

ossobuco wrote:

The economy will be in worse shape than it is now

That, osso, is probably true. Folks think 2008 was bad. Wait until 2009. Job losses are going to accelerate and underemployment, folks having their hours cut (which kind of slips under the radar), will worsen. Consumer spending will weaken for the year and housing values will continue to decline as part of the spiral.
2010? We might recover, but only after the government has printed a few trillion dollars in new money. Then we could see some pretty hefty inflation.

Some of us have gone through tough financial times ourselves. Others of us had parents or grandparents who went through the Depression of the 1930's.
Too many folks, I am afraid, have not. As long as there was room on the credit card, or a new one came in the mail, we were fat and happy. That is not sustainable.

Did you know, osso (my architect/urban planning etc buddy), that the U.S. has twice as much retail space per capita than any other country in the world?

Quote:

People will add mitochondria enhancers to their health jargon for purposes of staying energetic, healthy, etc.

Liver failure has resulted in the majority of animal tests where they tried to zap the bloods ability to carry O2 by Mitochondrial enhancement in the liver. The test animals used were always pigs and I dont know whether thats significant. Id reccomend using chetahs as a first step cause they are sort of an "intermediate evolutionary form", they are morphologically evolved for very high speed but their Mitochondria are still those of an earlier stalking predator stage.

I predict Obama will be a disaster on many fronts, but it won't matter, the press will declare him a complete success. The economy will sputter along and be a little better by the end of next year, not because of any policies but instead by sheer momentum, even though that momentum is weak. The stock market will not return to its high anytime soon, probably not in Obama's 4 year term, unless the rich libs get to feelin giddy and create another huge bubble. Unemployment rate may be nearing its top, unless more bad stuff comes down the pike that we don't expect, which could happen, hows that for hedging bets? The deficits will soar. Supreme Court Justices, bad news, I don't know how many but any is too many, the appointments will be disasters. Films, I don't care, not interested. Oh, energy policy, absolutely nothing gets done to fix the problem, except some cosmetic feel good things that will accomplish little to nothing.

I predict Obama will be a disaster on many fronts, but it won't matter, the press will declare him a complete success