US Mortgage Crisis: The recession will worsen as the second phase of the mortgage crisis hits the US market. This will continue to leave home inventories at record highs and drive down the demand for goods. Both small and large companies alike will struggle to survive, but only the cash wealthy ones will make it into 2010.
US Economy: More well known companies will file for bankruptcies as the recession wosens. American commercial interests around the world will continue to decline for 2009. People will rally to “buy American” when it comes to automobiles as the car makers teeter on collapse. I predict the big 3 automakers will survive this recession and come out stronger in the end.
INDIA Politics:- The Congress will again form the government by winning around 150-170 seats in coming LS elections & will form the government by different tools.
Internet: Online surfers will contend with the rise of another global search provider other than Google. Will it be MSN or Yahoo or somebody new?
War and Terrorism: The United States will vow to leave the Middle East, but only after its mission is complete, which will take an additional 4 years, so get comfortable with US troops staying there for a while. I predict minor terrorist activity in the United States, but nothing that will leave any impact.
Osama Bin Ladin: The truth will come out that Osama Bin Ladin has been dead for several years and that the United States is coving it up.
Unusual Weather: 2009 will bring extremely unusual weather to some parts of the United States, even more irregular than what we have seen in the past.
Gas Prices: Gas prices will stay moderately low with only minor fluctuations until 2010.
President Obama: Obama will try to spend his way out of the recession and keep a positive view on the enconomy, but things will continue to go really bad. An assisination attempt on President Obama will become public in May 2009, which will fail.
So there you have it, my predictions for 2009. I will post a follow-up to this post when there are major updates to this story