(NaturalNews) Making public predictions about the economy, terrorism, politics and health care is always risky business. There are too many variables to track with much certainty, and nobody has a crystal ball that really works. But by looking at the big picture and monitoring trends, we can make some educated guesses about what's likely to happen in 2009.
The list that follows describes my best predictions for 2009. They are based on the honest observation of reality combined with the intelligence to see patterns in the chaos. As usual, most of these predictions will seem outlandish right up to the day they occur, at which point they will seem obvious.
Disclaimer: Do not make financial decisions based on this information. All financial decisions involve risk. I make no warranty about the accuracy of this information, as they are just educated guesses.
Prediction #1 - Big Pharma will begin to implode
Confidence in prediction: 90%
Big Pharma is headed for tough economic times in 2009 and beyond. In fact, I predict a long, steady contraction in the pharmaceutical business from here forward, and in the 2009 - 2011 timeframe, you'll see several large drug companies undergo mergers, acquisitions or layoffs.
There are several big trends to pay attention to here. First, Big Pharma's research pipeline is scarce. They don't have any more blockbuster drugs that would help them cash in on disease in the years ahead.
The third big trend that's bringing down Big Pharma is the internet. Through truth-telling websites like NaturalNews, consumers are learning the truth about the dangers of pharmaceuticals and the promise of safe, natural remedies that cost a fraction of the price. The more people who get online and read journals like PLoS (or websites like NaturalNews), the more customers the drug companies lose.
In essence, the pharmaceutical industry has been a fraud, and the fraud is on the verge of being uncovered by the mainstream. When that happens, you can expect a sharp contraction of the pharmaceutical industry, followed by a similar increase in the sales of natural health products and nutritional supplements.
Big Pharma can only survive at its current size by doing three things:
1) Achieving legal immunity for all its products (which could be decided soon by the U.S. Supreme Court)
2) Outlawing natural health websites (there is an effort underway to accomplish this, too)
If those three fail, Big Pharma will suffer a prolonged contraction as more and more patients say no to drugs and turn to safe, natural remedies to enhance and protect their health.
This brings me to prediction #2...