Predictions for 2010
Inspired by Iain Dale's predictions, here are mine:
- Inflation will reach double digits
- Conservative victory in the General Election, by >30 seats
- Britain will lose her AAA credit rating...
- ... but will regain it by the end of the year after massive cuts in public expenditure
- The FTSE100 will drop below 4000 before rebounding
- There won't be a new Labour leader in 2010, Brown will cling on and smear his rivals as the party implodes
- Sterling will drop below parity with the Euro, and below 120 Yen, but will stay around $1.50
- Global Cooling will continue, more neutral/negative results will come out, as will a few more scandals, Copenhagen will be swept under the carpet and most politicians will be claiming by the end of the year that they were always skeptical
- Sebastian Vettel to win the F1 world championship - he'll be the fastest German on the grid, certainly
- VAT may or may not increase, but basic rate income tax will hit 25% as a temporary measure
Labels: 2010, F1, money, predictions
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