Saturday 31 December 2011

2011 Predictions - another donught


 


Ah bless, I looked back to see how my predictions went for this year, Ed Miliband doing well, commodities booming, the FTSE ending higher - boy was I in the Christmas spirit last year!

Now once upon a time I had a very good record here, with 60%-80% of these macro predictions coming good. Too much drinking and merriment last year and hoping the worst was over. This year will be very different - as well as being thoroughly depressed after a disastrous year, the end to our woes seems further away than ever.

I'll come back with predictions on New Year's Day.

How did yours go? I note the comments to my predictions by Budige and Steven_L were quite prescient - I should pay more attention to my intellectual superiors in the future!


Thursday 29 December 2011

The choice of 2011



We asked what was the momentous moment from 2011.
This was the top answer on the capitalists@work family misfortunes game.

Two elected premiers who had to make way. No one is indispensable. Not even the mightiest.
Even more than the Euro crisis it seems that the making of 'offers that couldn't be refused' worried the readers.

Poor Steve Jobs didn't even get a mention. Nor did the high levels of inflation. Looking at January 2011, 2.1% inflation was worrying us. How minimal that seems a year on.
And in December 2010 CU had a post about government's Real PLAN A.

Looks like a good spot now CU.
Have a re-read.
Looks like it could be true for 2012 too.