Happy New Year. Here is my 10th annual list of predictions for 2012 (and beyond).
Prediction: 2012 will be a many interesting, significant, exciting, and frightening year in U.S. and maybe universe history.
Prediction: The EU mercantile fall will accelerate. Not usually are many vital European banks insolvent, though so are whole EU countries. Eventually this will lead to a large European mercantile depression, that will eventually lead to a dissection of a EU and a finish of a euro.
Prediction: Proving that a nation can’t spend itself into prosperity, a day of tab will come to Japan, where even a slight boost in their seductiveness rates will devour their bill and means them to default on their bonds. The markets will panic on a approval that Japan is like Italy, usually most bigger.
Prediction: Here in America we will see thespian mercantile predicament as well. Our nation can no longer means to spend trillions on bailouts, stimulus, entitlements, or supervision worker pensions.
Prediction: A array of mercantile tragedies and rare crises will shake America. All of this will lead to bank runs, polite unrest, rising levels of violence, rare center category fear and panic, and record sales of guns, ammo, bullion and silver.
Prediction: The Fed and executive banks opposite a creation conflict to predicament and deteriorating mercantile conditions with large money-printing and “quantitative easing.” The outcome is acceleration and a best investment event in a era — gold, china and changed metals.
Prediction: Commercial genuine estate will decrease dramatically, only as residential genuine estate already has. Landlords will palm a keys behind to banks for dull selling centers, frame malls, and bureau buildings.
Prediction: U.S. states, counties and cities will announce penury and disaster inrecord numbers, formulating a detriment of faith in metropolitan and supervision bonds. California will be Exhibit A for how broke states truly are.
Prediction: Unemployment will sojourn a No. 1 unsolvable problem for a U.S. economy, with intensity for increases to double digits due to Obama’s meridian of fear and loathsome towards business owners; some-more offshoring of jobs to reduce salary andlower taxation countries; anti-business regulations imposed by government; a hazard of aloft taxes; and a continued disaster of a open preparation complement (producing millions of graduates unqualified of behaving learned 21st century jobs).
Prediction: China, a one splendid light in a universe economy, goes dim in 2012, as a good Chinese rascal unravels. The Chinese economy will be unmasked as on a verge of mercantile collapse.
Prediction: The supposed “Arab Spring” continues a skirmish towards a “radical Muslim winter.” Across a Arab world, new “progressive” governments spin out to be distant worse, distant some-more radical, distant some-more violent, distant some-more tyrannical than a regimes they replaced. All of this “hope and change” becomes a calamity for a U.S. and Israel.
Prediction: Mitt Romney wins a GOP assignment in a landslide, and selects Chris Christie or Marco Rubio as his using mate.
Prediction: Barack Obama dumps Joe Biden from his Presidential sheet and chooses Hillary Clinton as his new using mate. Biden becomes secretary of state.
Prediction: A third celebration claimant changes a dynamics of a 2012 choosing — possibly Gary Johnson for a Libertarian Party, Ron Paul, Donald Trump, or New York Mayor Michael Bloomberg as independents.
Prediction: Just before a choosing a U.S. Supreme Court manners opposite a particular mandate, thereby murdering Obamacare. Even with a sum disaster of his progressive/socialist agenda, Obama’s category crusade seductiveness to a 50 percent who compensate no income taxes creates him a challenging opponent.
Prediction: The most maligned tea celebration (which is some-more a faith in a American dream than a domestic movement) springs to life, and only as in 2010, leads a GOP to vital gains, including infancy control of both a House and Senate.
Prediction: The choosing follows a same settlement as a 1980 Reagan/Carter choosing — with a competition remaining razor tighten until a final week. Just as with Jimmy Carter in 1980, electorate enter a voting counter asking, Can we tarry 4 some-more years of Barack Obama? Like Reagan, Romney wins in a late-breaking landslide.
Prediction: The GOP presidential feat will infer too little, too late. Romney will spin out to be a taxation raiser and spending raiser. He will concede on core tea celebration values. High income Americans and retirees will conflict to a mercantile sadness by withdrawal a nation in record numbers looking for a protected haven.
Prediction: By 2016, it will turn transparent that conjunction Republicans nor Democrats have a solutions to save America from a genocide turn of large debt, inflation, unemployment, and rising seductiveness rates. U.S. electorate will finally cruise a new trail — a third celebration that truly desires to cut spending and a distance of supervision dramatically.
Wayne Allyn Root is a former libertarian clamp presidential hopeful who serves as authority of a Libertarian National Congressional Committee. He is a best-selling author of “The Conscience of a Libertarian: Empowering a Citizen Revolution with God, Guns, Gold Tax Cuts.”
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