2012 Predictions!

[Birchtree]

SPX will rise to 1700 and the Dow will rise to 17,000 - I believe this is what I said last year also. Well, sooner or later....

 

[alevin]

National debt will continue to increase
medical costs will continue to rise
national savings level will continue to decline
I will beat the s&P for 2d year in a row!

 

[Show-me]

Congress will continue to screw up anything it touches.

 

[James48843]

CNN's Fareed Zakaria :

On America in 2012, I'm bullish. I think the American economy continues to have great strengths. Consumers have rebuilt their balance sheets somewhat. The savings rate has gone from near zero to over 3.5%. Corporations are flush with cash.

Yes, Washington remains dysfunctional, but remember there's a new dynamic at work even there. If Congress does nothing - something it does very well - there are two sequestrations that take place. One cuts spending by $1.2 trillion and one raises taxes by $3.9 trillion. Remember, the Bush tax cuts expire if Congress does nothing, so all of the sudden there are pressures that bring the budget deficit down

So the budget deficit problem could get solved - albeit in a blunt, crude way, but maybe that's how democracy works.

It's easy to spot all the problems we face. But I think there are also some silver linings here and that's where I'm putting my money for 2012.

What do you predict for 2012?

http://globalpublicsquare.blogs.cnn.com/2012/01/01/zakaria-bet-on-america-in-2012/

 

[Buster]

Tim Tebow will cry at least once this upcoming season after a loss..(surprised he didn't yesterday after losing to KC...or did he?)

Somewhere a big earthquake will happen...Some fool will confuse it with mass bird deaths.

Iran will start a war where the US will have to be involved.

N. Korea will get some newer Lincolns.

The US will become almost oil independent.

DOW will break 15,000+

US will all but leave Afganistan

China will start making quality, safe goods for export.

Russia will have another nuclear melt down.

 

[James48843]

British Oddsmakers have the U.S. election up for bets:

http://sports.ladbrokes.com/en-gb/P...nPolitics/US-Presidential-Election-t110000608

 

[tsptalk]

I don't know if it's fair to let a professional make a prediction here, but...

Mexican Grand Warlock predicts Obama loss in 2012...

 

[James48843]

I don't know if it's fair to let a professional make a prediction here, but...

Mexican Grand Warlock predicts Obama loss in 2012...

You did see where that story originated, right?

http://weeklyworldnews.com/politics/41994/grand-warlock-predicts-obama-2012-defeat/

 

[Sensei]

How about Hollywood busts out a remake of Red Dawn, only this time it's not the Russians...

http://online.wsj.com/article/SB100...1582060996.html?mod=WSJASIA_hpp_MIDDLETopNews
China Takes Aim at U.S. Naval Might
http://online.wsj.com/article/SB100...1582060996.html?mod=WSJASIA_hpp_MIDDLETopNews