And Now For Some Dour Predictions For the New Year

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


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!

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We've never been very good at being conservative.

And usually, that serves us well in doing the ambitious, hard-hitting journalism that you turn to Mother Jones for. But it also means we can't afford to come up short when it comes to scratching together the funds it takes to keep our team firing on all cylinders, and the truth is, we finished our budgeting cycle on June 30 about $100,000 short of our online goal.

This is no time to come up short. It's time to fight like hell, as our namesake would tell us to do, for a democracy where minority rule cannot impose an extreme agenda, where facts matter, and where accountability has a chance at the polls and in the press. If you value our reporting and you can right now, please help us dig out of the $100,000 hole we're starting our new budgeting cycle in with an always-needed and always-appreciated donation today.

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate