ok pardon my pessimistic view , but just to think ...there are chances that risising Oil prices could bring about a economic slowdown......there are chances of housing bubble bursting...there are chances of financial collapse due to these new financial instruments.......just read the following excerpt from an interview.
But i rightly agree with Arun that having proper skill sets you can jump industries, but you will never be out of the game "Benavides: The problem of ungovernability in Mexico: Should on July 3rd, should the winner not be Lopez Obrador-and the polls and everyone's saying for the last two years that he's the one on top-is there a possibility of ungovernability? Is there a risk?LaRouche: Let me be very concrete: This is an international question, not a Mexico question. We're now at the point, we have gotten rid of Alan Greenspan. Alan Greenspan was in charge from 1987 until recently. Alan Greenspan was one of the worst things that ever happened to the United States-and to the world.You have to realize that money is not worth anything, really. Because, what you have, you don't have deposits, assets in banks: You have financial derivatives. And these financial derivatives are in layers. You saw what happened in Iceland. Iceland is totally bankrupt. New Zealand is bankrupt. Australia is near-bankrupt. They're having a meeting in Australia now, of bankrupt countries: But it's not just them. Every leading bank in the United States is bankrupt. The housing bubble is about to blow-all kinds of things are about to blow.We can have, in the period of the coming months, April, May, June, these three months, are potentially three months of an incalculable rate of financial collapse internationally.So, therefore, when you're talking about an election coming up in Mexico, you have to realize that whatever the situation is now, you have to factor in the fact that we're facing a very great danger of an immediate collapse.Presently, the leading bankers of the world have realized that this is the case. Therefore, they're not going to put any more expansion or any money into the system. They're going to allow the bubbles to collapse. They're going to shut down the carry-trade. Unless they change their mind in the coming months. But, right now, if they continue on the present policy, during the next three months, we're facing a general collapse of the financial system, with horrifying effects on the economies and on the condition of people in national economies.You have in France, you have 3 million people going on strike; you have strikes in Germany; you have an ungovernable situation in Italy. Poland is breaking down. The Belarus election show you that there's no popularity for this trend over there. Ukraine, they've lost. Netanyahu has lost the election in Israel: You're now in a global political crisis, building up, so that there is no stable condition on which to hold to hold an election. Because, you can proceed like a commanding general in warfare, to have a strategy, which takes all conditions into account, but you can't predict anything. No one can predict, because you have too many people who are now unpredictable in powerful positions."source http://www.larouchepub.com/lar/2006/interviews/3314benavides_monterrey.htmlfor a comforting your mind just read the following quotes
An economist is an expert who will know tomorrow why the things he predicted yesterday didn't happen today. Laurence J. Peter
If all economists were laid end to end, they would not reach a conclusion.
George Bernard Shaw
An economist is a surgeon with an excellent scalpel and a rough-edged lancet, who operates beautifully on the dead and tortures the living.Nicholas Chamfort
To put it in short you cant predict.