Post Your 2008 Predictions Here

Ski_Banker

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Economy, politics, war, financial markets, real estate. You name it -- put your prediction here, and why you think the prediction will come true.


I'll start with a simple one.

2008 will be the year the 2005 model year NSXs will *disappear* from the market. Not all, of course, but whereas now you might see 5 or 6 for sale in the U.S. at any given time, by the end of the year you'll only see 1 or 2.

Why?

Because most of the 2005s (and 2004s) being sold now, are to very long term holders like myself that are willing to pay a premium for the newest & best, because they know they'll have the car for decades. But in the last few years, a lot of the "for sale" cars have been coming off the $799/mo lease, and haven't been owned by true long term enthusiasts. Point is -- the last of the lease deal 2005s will come off lease this year, and when it gets sold, it will be to someone that has no plans of getting rid of it.

The ones you see for sale after this year, for the most part, will have stories and issues.
 
I will bench press 420+ be at 8% bodyfat and make good money trading forex and start looking at Jets :) May also get a GT-R but not sure on that one yet. Oh ya and BE HAPPY and HEALTHY. It's all that matters anyway.
 
I will bench press 420+ be at 8% bodyfat and make good money trading forex and start looking at Jets :) May also get a GT-R but not sure on that one yet. Oh ya and BE HAPPY and HEALTHY. It's all that matters anyway.

because of anabolic steroids. I predict your penis will get smaller too. :wink: :biggrin:
 
I agree with your assesmants on the 05 nsx because I have been looking to do exactly what you said.

Real estate will be down.

Forclosures will be up. Buyers will dry up.

Renters will be everywhere because of losing their houses.

The stock market will be down.

Gas will go above 4 bucks a gallon.

Honda will announce a new NSX for spring of 09 release.

Clinton will win the election.

The war in Iraq will be winding down but not over.

A new war will be in progress elsewhere.

I might be wrong about some things in 08 too.
 
Economy-the financial markets will be in turmoil the entire year for the most part. If real rates get down towards 3% [I predict 3 or 3.35% federal funds rate] we will have a 'muddle through economy' (coined by John Mauldin) and it will be "ok". If rates don't come down fast enough, inflation picks up rapidly, or international markets stumble, it could get 70's ugly. If this occurs, expect a single day drop in crude prices of $25-40 that shake the world for at least a few days on CNN. There will be further substantial consolidation in the banking sector and you'll know when the closets are clean the day of the indictments.

Politics-I guess Thompson for conservatives, Hillary for the dems.

War-I have friends at west point for that one, I don't know much.

Real estate-it's going to get worse before it gets better. Expect 50% drops in some areas and 25% in most others before it finally bottoms [and will be slightly oversold]. I think it bottoms about 10 months from now if all goes to plan [as above in the general economic sense] and 18 months from now if the other route is taken.
 
Ok here's my long list...

Politics

Very tight race on the Presidential outcome, just like the last 2....It will be decided by who actually decides to show up in the key combat states
-Likely Rep Candidates will be McCain, Huckabee, and less so, Romney on the Rep side.
-Dem candidates will be Hillary or Obama. If Hillary, she will take Edwards are her VP, haha since he seems to be everyones......______ :tongue:
-The only candidates that have a chance to provide some sort of unity are McCain or Obama. Others will continue to polarize.
Global Warming will continue to ben an "issue."
Government will continue to hoplessly debate over the same stupid issues without getting much agreement - war, immigration, taxes, health care.
-I hope but to do not expect Washington to start, analyze and fix it's broken Justice System (see sig..)
Russia will continue, or at least officially be recognized as authortarian/dictatorship with Putin continuing to hold power.
-The Cold War will resume, or at least become recognized that it actually hasn't gone away. This is extremely scary. One country presses a button, and humanity is doomed.
All things being equal, Iraq will continue to head towards "normalcy" - at least in context of the last few years....
If Iran continues to provocate, there will be retaliation that could move towards dangerous escalation.. Careful steps will need to be taken

Economy:
-Recession will occur. Statistically, it happens every 10 years or so. It's just is that way. Not much anyone, President or otherwise can really do about it. Only thing the the government can do is ease the transition and exit...
-RE will continue to go down, but prices will not recede nationally as much as people think. Historically, in down times RE prices went down no more than 5 or 7% from previous years.
-Dollar will continue to decline unless we hike up interest rate or work to undo the deficit (taxes) Note to other post: A lowering of interest rate actually puts the pressure for inflation to occur. General economic theory is that to combat inflation, you raise Interest Rates
--This is why I say.. hopefully stagflation will not occur whatever the result (recession & inflation..)

TV:
-Reality TV shows will become less and less popular. Yay!! :smile:
-Brittney Spears will either die :frown: (not desired..) or somehow, people will actually help her and the Paparazzi will leave her alone. :mad: I'm not a fan, but I don't want to see this person continue on a path of destruction. It is not all her doing and she needs some good support..

NSX
-More newbies coming on asking questions that the old timers will be annoyed to answer...
-Crowd buying will be younger since the prices are actually coming down and the NSX is still a classic.
-We will have deserters over the GT-R and other competitively prices cars. Gauranteed.
--Subpoint: Most of us NSX owners will get spanked by a STOCK GT-R even in fairly modified form :) That sucks.. :frown:
-More turbo engines will blow up :o (I know I'm going to get flamed for this...)
-My NSX will be taken to the track AT LEAST once. It will either be wrecked or still in pieces by the end of the year (50/50 chance either way..) :rolleyes:
 
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The U.S. will have its first bank run in decades. It will probably be some podunk local bank whose auditors refuse to sign off on its rapidly deteriorating financials.

This will be before April 10. It may also cause other bank runs at more reputable banks.
 
None of mine are related to the original topic of politics, economy and that other stuff i can't time or control for some odd reason.

1. The "forum's nazi" and "yellow rose" will reappear.

2. Since the FI option for nsx owners has become easier and competitive, MB will make a BBSC ver 2.0.

3. All the "registered users" that complain on prime will contribute so Lud can change the homepage and get better servers.

4. There still will not be an "affordable BBK"

5. "miamiensx" will sell his car to "netviper" and buy a corvette

6. SOMETHING will be dedicated, re-named or constructed to honor the achievements of George W. Bush.

7. With the US dollar looking the way it is, i STILL won't be able to buy more stuff from Pro-Car.

8. Honda will make a supercar(nsx predecessor) to blow the doors off the nissan GT-R, but it won't be available in the states. OR, the styling will be ground breaking and it will be eco-friendly, but won't outperform anything.

9. "lowelhigh79" or "serialnsxr", will get their hands on a one off MUGEN motor for the nsx............and , put a turbo on it. FURTHER reminding me that i chose the wrong profession.

10. Hillary Clinton will be the first female president of the United States..........because 6 months after Obama wins the election, somebody will pick him off at a starbucks and link him "Al -Quiada".

11. SOMEBODY will find "shiftybob's" nsx. Or we will get an explaination as to how such a cool guy can have such bad luck.

12. Lud will get a sneak peek at the 2009 Honda/Acura nsx predecessor.

13. A few of the guys that contribute to this thread(http://www.nsxprime.com/forums/showthread.php?t=84161&highlight=how+bout+that+stock+market), will AT LEAST be one of these(http://www.nsxprime.com/members/member_central.htm). Since they are have the market down.

14. Oh yeah, at least one of those guys in number 13, will enlighten me on how they make money and i keep losing it. You gotta tell me for free, though.

15. Furynsx will start making them cool ass calenders again!!!

16. Cantrell Concepts and SOS will make fender liners and an air scoop, for the widebody kits we bought.

17. EVERY nsx owner will have an nsx-r hood and spoiler.

18. The number of bodykit options availble will match the number of FI options available.

19. "titaniumdave" and "VRoooM" will be the 08 nsx heroes.

20. SOMEONE will tell me what a man-a-tee is, and that they actually clicked on the oldest link on nsxprime's homepage.

21. I will acutally meet another nsx-owner, that is in a reasonable driving distance to Brownfield, TX. 79316

:biggrin: remember to grin.
 
1)I think Obama will win the election (Clinton is too polarizing)

2)People will continue to fight about the plane on a treadmill

3)I might crack 1000 posts (most in Off-Topic :/)

4)Christmas 2008 will come and go and I still won't have an NSX in the garage

5)I will have a PS3, because I am a Gran Turismo whore

6)HD-DVD will begin to fade

7)The internet will be alive with ZR1 vs. GT-R comparisons (both of which will handily whoop our beloved NSX)

8)Lord willing, my business will finally get off the ground.

9)Gas will go up, economy will go down.
 
1. A Democratic President will be elected
2. The dollar will gain in value over the Euro (1.30) and Sterling (1.90)
3. Gas will be $ 4.50 a gallon in California
4. A new economic crisis will hit Asia around the time of the Olympics
5. Fighting in Iraq and Afghanistan will spread to Pakistan/Iran
6. New new Flu-virus will spread around the world like the Bird Flu did
7. The Warriors will win the Western Conference but lose to Detriot in the Finals
 
10-15% up overall stock market (dream big)
Real estate down 08 and 09
NSX crashes up due to "new" owners.
Gas hangs around $3.50
McCain in the bottom of the 9th
Kill section on NSX Prime along with kiddie trash talk forum.
Mortgage rates (under 5% 30 yr)
$15,000 High mi. abused NSX's with blown engines & killer stereo's for sale in broke young owner section.
Middle east remains as it has for the past 2000 years, US pulls out.
Dollar up due to everyone else being down.
:tongue: :tongue: :tongue: :tongue: :tongue:
 
  • Republican wins the White House
  • DOW miraculously closes back over 14,000
  • NSX prices increase for Category A/B cars
  • Gas Prices surge to $4 because OPEC reduces production :rolleyes:
  • Mortgage Rates hit historic lows
  • Old Man Winter makes snow in May
  • I will spend too much $$$ on my car.
 
1. the us treasury will continue to inflate the dollar until its worthless.
2. panic will spread now that everyone is broke and have no way to recollect their cash in another form
3. banks will be robbed and the money will be taken and used overseas
4. the irs and your morgage company will still want their payment.
5. the president will not know what to do except declare state of emergency for the country
6. since the dollar is useless, the saudis will take gold in payment for oil, the govt will pay willingley
7. chaos and riots will be a daily thing
8. your car wont be worth zip. unless you have a gold exhaust.
9. the irs and morgage company will still keep calling you about their payment
10. by 2009 everyone will be phucked

have a nice day
 
Hillary elected. Bill laughs. World leaders laugh. People cry. World ends. :tongue: :biggrin:
 
Mortgage rates go down some more, but people who were conservative enough to get into a 30yr can't refi their properties b/c LTV (due to low appraisals) will be too high (above 80%) in most parts of the U.S. [well, they could refi and take on PMI, but that defeats the purpose of the refi].

I'm not in the mortgage business, but my thought is basically, if you are thinking of doing a refi on a 30 yr - do it now while it's at 5.5%. You could wait for the 5%, but you'll risk having a high LTV if the appraisal comes in low (which it will for the next 2 yrs).
 
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