Prediction - Return to Social Politics

Here's my boldest prediction for a while.

We're about to implode! All Western economies are about to have a MASSIVE crash (driven by god know how many potential bombs - Housing Deflation, CDO's, Sub-Prime Markets, Chinese "Recession", Resources Bust) - whatever the trigger, the knock on consequence to most western societies will be massive.

• Thousands will loose their homes
• Unemployment will skyrocket
• Housing prices will plummet

I think you can see where this is heading - who's going to suffer the pain? You and me.

Thus the prediction AWAY from selfish politics and individualism. There will be a massive loss of confidence in business and people will wake up to the realisation of socialism.

My only concern - we go too far left. We've already swung too far to the right and see where it's taken us - so lets hope the backlash isn't as severe.

So, when will it happen? Well, lets offer some suggestions/triggers:

• Nov/Dec 2007 - Sub-prime Crisis in US extends it's TRUE reach
• Aug 2008 - China shuts down spending after "best ever Olympics"
• Oct 2008 - US Invades Iran to prop up US republicans

It's coming folks - batten down the hatches...