Thought I’d spitball a few predictions off the top of my head, given it is the start of a new year or the next scene of a never-ending horror movie that is EZFKA, depending on how cynical you are.
By no means an exhaustive list, feel free to have at it and tell me how wrong I am in the comments section because unlike other sites, you won’t get banned even if you’re a paying customer.
It may be year three of this shitshow but his thing has legs yet, given that we are only up to Omicron and have several letters in the Greek alphabet until Omega man shows up and destroys everything. The current media pivot away from COVID seems to me to only be a temporary thing – there will be a lockdown or two in between now and winter, with one happening right before the school year to get needles in kids arms and drive boosters. How that balances out with the ‘open the gates’ mantra as the Indians studying Diploma of Uber Eats or Bachelor of Scam Call Centre Operations full-time in NSW and Victoria begin to come in, I have no idea.
WA has become the first state to mandate the third jab with others expected to follow suit shortly. There seems to be a pattern of testing things out in different regions before rolling them out everywhere else and this will be no different. Israel are on their 4th, the Netherlands are planning six and I’m sure similar is planned here.
Anyways, fear porn to continue, cash for comment ‘experts’ to continue grifting and more of the ‘squeeze-release-squeeze’ anaconda technique against the populace to come.
Not much of an economist (if it wasn’t obvious), but I’d expect the business as usual of low rates, high debt and house prices to the moon to continue. I’d say negative rates (they basically are now), super withdrawals for deposits and 50-year mortgages will surface before there is any drop in the house market. Brisbane real estate to become the new Melbourne of the past decade, as people flee the shithole of Victoriastan and ruin it for us Queenslanders.
As for crypto, as a rank amateur crypto investor I’m genuinely bullish about the Elliott Wave for Bitcoin and it will continue to near $100,000 by year’s end. I reckon a lot of shitcoins will be wiped out in the 12 months and I’m interested to see if Ethereum can ever solve their gas problem, so that’s a no. Blockchain is definitely here to stay as a technology, it’s just how many coins are seen as a worthwhile buy on the other end (fuck all, really). I’m also genuinely interested to see how Proof of Work v Proof of Stake evolves in the next year.
Stewie should really take the reins on this.
Guess the only variable on the table is inflation and how badly that gets out of control. Which just means more bullshit Kabuki Theatre every month about the RBA raising rates, nothing happening and/or the small banks doing it themselves. Turn the printer up to 11 and open the gates.
We will probably get a tilt at a RBEZFKA Central Bank Digital Currency and some sort of social credit score system by year’s end, given that the legislation and infrastructure for both seems to now be in place. Just need a contrived emergency or two and someone to blame a collapse on and there we go.
Yeh there’s a federal election, but I don’t really see much changing as this is EZFKA after all and a near $10 trillion housing market and the conga line of easy money grifting shitbags hanging off of it, have the final say.
Cynicism aside, Scomo will probably win with a minority government. Not much changing in the lower house bar a few seats. Upper house will be where the action is and I’d expect an expanded crossbench with some UAP, LDP and ON members added. Jacqui Lambie is likely gone and into a board spot at Pfizer, or dealing meth in Devonport. Either way, we have five months of this campaigning shit to look forward to and MB repeatedly pulling their dicks over how Labor and Albo are apparently any different to Scomo.
All Scomo has to do is run the election on a “Did your house price go up?” platform and point to the behaviour of the modern day ‘Gang of Four’ state ALP psycho premiers (McGowan, Andrews, Palaszczuk, Gunner) and he’s home. The only thing I see fucking it for Scomo is an inflationary event, but who cares, Josh will print his way out or something.
“But guys. Albo’s high speed rail and commitment to equality will really progress Australia” or some shit until May.
As for the Victorian state election in November, if Daniel Andrews is either still the leader and/or alive by then he’ll win again. My rationale is everyone with an IQ over 85 (and there isn’t many in Victoria) will have fled elsewhere, leaving only even dumb shits and Indian grandmothers to help branch stack the next generation of ALP MP’s. The Victorian LNP are the federal ALP – just turn up to make it look like you’re doing something when you don’t really give a fuck. Hopefully some good upper house members get elected and Fiona Patten goes back to testing knee pads and mouthwash.
That’s it so far. Go nuts.