Advertisement
Selection of BBC World Service Programmes

01:00 - 05:20

BBC Radio 4 joins the BBC World Service.

« Previous | Main | Next »

My predictions for 2009

Robin Lustig | 13:33 UK time, Tuesday, 30 December 2008

If I were sensible, I would take the following words as my guide:

"What happens next? I do not know. Nor do you. Desperate though we are to find out, we should be grown-up enough to admit there is no one to tell us. It makes life hard, but what would we be otherwise? Curiosity about what happens next is an essential part of the joy and anguish of being human."

They were written by the Financial Times columnist Michael Skapinker a couple of days before Christmas, and very wise words they are too. Nevertheless, fool that I am, I shall ignore them.

So, for your entertainment and edification, here are my global predictions for the coming year.

1. The fate of the global economy will dominate everything. It will be horrible. Enough said.
2. Gordon Brown will not call a general election.
3. Discussion about what to do in Afghanistan will increasingly become a discussion about what to do in Pakistan. Tension between Pakistan and India will escalate yet further as the Indian general election approaches. There may be more Mumbai-style attacks in India, as jihadis try to relieve the pressure on them in the Pakistan-Afghanistan border areas.
4. President Obama will start pulling US troops out of Iraq - but more slowly than some of his supporters would like. He will also announce that thousands will remain as "trainers".
5. He will announce his intention to close the detention centre at Guantanamo Bay - but then there'll be a huge fuss over who'll take the ex-detainees who can't or won't go back to their country of origin.
6. He'll make a major speech about his vision for the US's relations with the rest of the world, and especially with the Islamic world, probably in Jakarta, but maybe in Cairo or Amman.
7. There'll be growing social unrest in Russia - and China - over rising unemployment. Moscow may be tempted to deal with it in the time-honoured fashion: escalating a dispute with a neighbour (Ukraine? One of the Baltic nations?) to take voters' minds off the economic crisis.
8. The South African presidential election will see the newly-created party COPE (Congress of the People) do creditably but not outstandingly. Supporters of the likely new president, Jacob Zuma, will denounce the new party as a stooge of Western capitalism. Tensions between Zulu, who tend to back Zuma, and Xhosa, who are suspicious of him, will grow.
9. Mahmoud Ahmadinejad will win the presidential election in Iran, but only after seeing off a serious challenge and amid allegations of widespread vote-fixing. It'll become increasingly clear that he wields little real power.
10. The 20th anniversary of the fall of the Berlin Wall and the collapse of the Soviet empire in eastern and central Europe will be marked by endless analyses and retrospectives along the lines of: Is The World Now a Better Place? I'll probably add to the outpouring.

I agree: it doesn't seem that there's much to look forward to. So here's what I suggest you do: enjoy the company of family and friends; admire the trees and the flowers in parks and gardens; count your blessings. And remember: only fools try to predict the future.

Happy New Year.

Comments

or register to comment.

  • 1. At 02:21am on 02 Jan 2009, SteveGNyc wrote:

    You forgot about The Comet in February...

    Complain about this comment

  • 2. At 08:52am on 02 Jan 2009, threnodio wrote:

    I cannot help wondering about one of your predictions. The gloss may start to wear off the image Brown has so far maintained about being a world leader of vision about how to deal with the global economy. He may just be tempted to go to the country before Labour's inevitable downturn in popularity starts to bite.

    Complain about this comment

  • 3. At 11:06am on 03 Jan 2009, Ed Iglehart wrote:

    Robin,

    "enjoy the company of family and friends; admire the trees and the flowers in parks and gardens; count your blessings. And remember: only fools try to predict the future."
    I'll second that!

    Slainte!
    ed

    Complain about this comment

  • 4. At 2:51pm on 03 Jan 2009, Ed Iglehart wrote:

    Robin,

    From my favourite Wall Streeter:

    "THE WORST THING ABOUT THE DAWN OF A NEW YEAR, besides the aching hangover induced by celebration of its arrival, is the avalanche of forecasts that accompanies it. Clairvoyance runs rampant, and in these days of unremitting assault by hydra-headed media, there's no escaping it.

    The dire straits in which both the economy and the stock market find themselves has sparked vast interest and more than a little apprehension as to what the year ahead has in store and imbued predictions with a fervor and urgency rivaled only by speculation as to who will win the Super Bowl and will the Yankees' payroll exceed the combined GDP of Luxembourg and Monaco."
    Keeping good company
    ed

    Complain about this comment

  • 5. At 3:03pm on 26 Jan 2009, U13798826 wrote:

    Your predictions for the global economy are highly likely to be correct, as businesses are reacting in a way that will cause a downward spiral that will be very hard to stop.

    The problem we are facing does not stand up to scrutiny. We can expect that housing and the car industry suffer badly as most people require a loan to buy a house or a car. This is not true of most other products. Yet most manufacturers are suffering a rapid decline in demand and as a consequence are planning to lay people off or are already doing this. This action of course will reduce retail demand further and cause the spiral.

    What is probably happening and in certain industries the evidence checked supports this actual retail demand is not down but retailers are reducing stock just in case. This is casing a wave of reduced demand through the whole supply chain.
    If companies react by laying off in a big way this chain reaction will continue and take a considerable time to reduce.

    If companies really understand and do not lay of they will be able to respond rapidly as the shops have to start restocking.
    This is not my analysis it is Dr Ei Goldratt’s the author of The Goal and Business guru – have a look at his draft analysis on Scribd if your are interested.

    http://www.scribd.com/doc/11386578/The-Power-of-C-and-E-24jan

    John Tripp

    Complain about this comment

View these comments in RSS

Explore the BBC

This page is best viewed in an up-to-date web browser with style sheets (CSS) enabled. While you will be able to view the content of this page in your current browser, you will not be able to get the full visual experience. Please consider upgrading your browser software or enabling style sheets (CSS) if you are able to do so.