And Now For Some Dour Predictions For the New Year

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Tyler Cowen offers some economic guesses for the coming year. In a nutshell, he thinks Russia is doomed; American wage growth will remain stagnant; a resource crash will throw Canada and Australia into downturns; Abenomics will fail once and for all; Greece will cause chaos by voting itself out of the eurozone; China will decline; Latin America will decline; and Italy and France (and maybe Germany) will stagnate. On the bright side, India might do OK.

And that’s not all. We might have a stock market crash in the US. And maybe a nuclear bomb will go off somewhere. And we’ll have another outbreak of avian flu.

This public service announcement has been brought to you by the Doleful Society of Dystopic Downers. If you haven’t yet given up all hope, there’s more at the link. Including at least one cheerful prediction!

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FOLLOW THE MONEY

Corporations and billionaires don’t fund journalism like ours that exists to shake things up. Instead, support from readers allows Mother Jones to call it like it is without fear, favor, or false equivalence.

And right now, a longtime friend of Mother Jones has pledged an incredibly generous gift to inspire—and double—giving from online readers. That's huge! Because you can see that our fall fundraising drive is well behind the $325,000 we need to raise. So if you agree that in-depth, fiercely independent journalism matters right now, please support our work and help us raise the money it takes to keep Mother Jones charging hard. Your gift, and all online donations up $94,000 total, will be matched and go twice as far—but only until the November 9 deadline.

$400,000 to go: Please help us pick up the pace!

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