ernie@lrchouston.com
Every year most Americans make some crazy new year's resolutions that are usually good for about thirty days- the first quarter at the outside. For some the new year will start tragically they won't have lived but a few hours into the new year before being arrested for DWI or DUI. Worse yet some will die as a result of their injuries and lack of self control. What a waste of life- even if it wasn't all that good from their vantage point.
For others, the battle fields of Iraq and Afghanistan will be where they take their last breath.
But, let's move away from the serious stuff and move into a little more frivolity. I say that because I like to make some mental predictions for the coming new calendar year. I'm not betting the farm, nor even a triple grande extra hot latte from Starbucks. But neither am I forecasting the following without some serious thinking going into the idea(s). I dount that many, if any, will bother to remember these predictions, so what have I got to lose, other than your laughter as you read them.
Are you ready?
1-The next president of the United States will be Michael Bloomberg. This is nothing new as I set up a web site last year just to keep tabs on him. As I tracked him in '07, there was nothing that made me feel that he wasn't running- not even his denials. It doesn't get more wild than this: a third party candidate does what Ross Perot couldn't do in 1992, but awakened the possibility.
2-The Dow, which closed 2007 at 13,265 will end the year below that! Just how much depends on too many dependent and independent variables to predict.
3-Our economy will see a 50% increase in inflation (year over year). Ben Bernanke can't keep printing money and adding tens of billions to the system to try and bail lout the housing market without having that amount of massive liquidity have consequences. And with a down economy, that's called stagflation! But, it beats deflation which worries everyone.
4-The US$ had a terrible year, falling from a close of $83.30 in 2006 to $76.70 in 2007, but 2008 will not provide any relief. The trade deficit will continue at peak levels and more of our enemies will move out of the US$ and into the Euro, Yen, and even the yuan.
5-The three previous points above have to take a toll on the price of oil. In fact, it's the hidden tax of increased oil prices that will cause oil to drop for $95 a barrel to under $75 in '08. Not all news is good, but the good news steams from bad news.
6-The good news of progress in Iraq will be offset by the bad news of Iran and Israel. I'll leave that one there without further ado.
7-We will see increased weird and unexplainable (though Gore will tell you he knows why)weather and climate conditions that will allow global warming fanatics to claim they're right while the other side will claim the evidence supports their position. Could it just be the building of galactic precursors to the many events of 2012 instead?
8-Bush will not be able to leave office (which allows for 20 days in '09 as well) without a major hit somewhere to our interests that will be MAJOR. This does not limit the attack to within our shores.
9-The internet will experience it's worst attack to date. Stay tuned!
10-We will see a movement toward inclusiveness which is just the opposite of what we're seeing now. Just how that will come about, I know not; however, by the end of the year, we'll see the evidences.
We will survive!
There's a principle involved here that's called the Axial Age, or a time when the collective consciousness increases at exponential rates, which has happened in times past, and that's what I'm betting we're headed to over the next few years. It's our only salvation (and I'm not talking salvistically speaking alone). We will see an awakening of he spirit of mankind that will rival the 550-600BCE era.
Out of the crap that seems to overwhelm us will come our hope. We are all in this together and discovering that simple fact will be the beginnings of a ONENESS that's always been destiny.
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