2012 predictions

for the purposes of ridicule this is my geuss for 2012

Europe
will stay intact. this may well be at the expense of democracy.

markets
will stil be volatile in the early part of the year will be more even after summer
ftse100 will end up atoud where it started 2011 - about 6000

gdp will be up by about. 0.5%

unemployment will be up but not as much as you thought

house prices
broadly flat - a real terms 4% fall

Deflation.

My sense of values is falling out of place.
A tank of petrol used to be cheap, and other things were denominated by that.
We used to have a nice meal out and that was more than a tank and so expensive.  It is now quite easy to eat out for less than a tank of petrol and so it must be getting cheaper mustn't it?