Trends Research Institute, headed by renowned futurist Gerald Celente has released its Top Trends Forecast for 2010, and it’s not pretty. Celente has been right on with many previous forecasts and has no problem telling it as he sees it. He’s not alone in some of his predictions but certainly more extreme and away from the norm.
With over 30 years of experience and a track record of accuracy Trends Research forecasts should be given consideration. That doesn’t mean they’ll all happen, but when you’re active in the markets it helps to be prepared for anything.
Reviewing and considering this list will help you break out of your normal way of thinking and challenge your beliefs about what could happen in the future, which is inherently uncertain.
Summary of Top Trends of 2010
The Collapse of 2010
In November 2007, we predicted the “Panic of ’08” – there was a panic. In November 2008, we forecast the “Collapse of ’09” – there was a collapse. Today, as government spokesmen and the major media proclaim that the world is emerging from its near-cataclysmic recession, we predict the “Crash of 2010.” The rising equity markets are worlds away from the hard reality of the streets. Unemployment statistics tell the real story of real money that millions of real people no longer have and can’t get, regardless of rising equity markets. This is no time to be caught off guard…..
While we can’t predict precise dates or the magnitude of terror attacks, we can be fairly certain they are on the way. The “Fort Hood Gunman” is being recognized by the intelligence community as the poster boy for an alarming new terror phenomenon termed “lone-wolf, self-radicalized gunmen.” Years of war in Afghanistan and Iraq – and now Pakistan – have intensified anti-American sentiment and increased the number of individuals seeking revenge. NATO allies contributing troops to the wars will also be targeted……
Not Welcome Here
In 2010, the anti-immigration movement, long building, will arrive and stay in the US and abroad. America and Europe, with their immigrant populations close to double digits, are experiencing an identity crisis. In Europe, fear and resentment of Muslims has led to huge gains for anti-immigrant political parties. In the US, with mid-term elections coming up, what to do about the “illegals” will be a hot- button issue that will top the political agenda and serve as a galvanizing force for a new party…..
Mothers of Invention
The ongoing shock to the economic system is rebooting “Yankee ingenuity.” The need to overcome the effects of reduced individual buying power will lead to the invention of a new class of product which will be a major trend of 2010 and into the future: “Technology for The Poor.” Growing with the same speed as the Internet Revolution, the trend will be recognized, explored and exploited by legions of skilled but jobless geeks, innovators and inventors who will design and launch a new class of products and services affordable by millions of newly downscaled Western consumers……
As times get tougher and money gets scarcer, one of the hottest new money-making, mood-changing, influence-shaping trends of the century will soon be born. We forecast that will be “Elegance” in its many manifestations. The trend will begin with fashion and spread through all the creative arts, as the need for beauty trumps the thrill of the thuggish. A strong, do-it-yourself aspect will make up for reduced discretionary income, as personal effort provides the means for affordable sophistication…..
In 2010, survivalism will go mainstream. Unemployed or fearing it, foreclosed or nearing it, pensions lost and savings gone, all sorts of folk who once believed in the system have lost their faith. Motivated not by worst-case scenario fears but by do-or-die necessity, the new non-believers, unwilling to go under or live on the streets, will devise ingenious stratagems to beat the system, get off the grid (as much as possible), and stay under the radar……
TB or not TB
About two-thirds of Americans are Too Big (TB) for their own good and everyone else’s. We forecast a massed revulsion for TB in all its manifestations – obesity is only the most obvious. Everything in America is TB . Houses, cars, debt loads, deficits, state budgets, the states themselves, foreign aid, military budgets, bureaucracies local, state, federal and “too big to fail” businesses – they’re all Too Big. Apart from government action, the “Shape Up” trend will provide a wide array of business opportunities…..
Not Made in China
A “Buy Local/My Country First” backlash will be the first sign of what we forecast will become a massive, “circle-the-wagons” movement. We forecast a “Not Made in China” consumer crusade that will spread among developed nations, leading to trade wars and protectionism. Craftspeople and small manufacturers that can establish a reputation for quality products will be able to build thriving micro-brands, while marketers who can amalgamate micro-cooperatives into true local commerce organizations will carve a solid niche for themselves……
The Next Big Thing
The next colossal casualty of the Internet Revolution will be TV/cable networks. Technological innovations already in place will enable enterprising upstarts to gouge out large chunks of market share from daytime, primetime, news and opinion-based programming. Just as the print media was blindsided by the online assault and responded with strategies that proved counterproductive, the networks are already making moves guaranteed to weaken their franchises. Techno-guerilla warriors, producers, impresarios, entrepreneurs and investors will not only carve out lucrative niches, but will also prove influential in effecting sociological, cultural and even political change……