A few weeks ago I invited readers to send me their 2010 predictions. Most of the entries I have received are entirely sensible. From predictions about the value of the US dollar against the yuan to forecasts of further financial disaster in the world economy. I don't have space to list all of the entries, but I do want to give you a flavour of what I have received.
So, starting with the surreal: one reader predicts that conclusive proof will be presented that the human race is controlled by an alien race known as 'the Greys'; it has also been suggested that the H1N1 outbreak will be revealed as a conspiracy fabricated entirely by pharmaceutical companies in order to sell drugs; third, a perpetual motion device that produces more energy than it consumes will be revealed by the Chinese government; and finally that Alan Alanson's identity will be revealed as that of the chief executive of Hong Kong. I can't be 100 per cent sure about the first three, but I am certain that the last one is not going to be borne out.
Some of the more sensible predictions I have received are:
1 The AUS:USD exchange rate will reach 1:1
2 The yuan will appreciate 10 per cent against the US dollar;
3 The Hong Kong property market will collapse in the third quarter;