In case you aren’t an avid weekend of the Weekend FT (you should be) there was a good article on 27/28 December by Niall Ferguson called ‘Chronicle Of A Decline Foretold’. The article is essentially a look back at 2009 from the position of 31 December 2009. Nice idea.

As he says: “It was the year when people finally gave up trying to predict the year ahead. It was the year when every forecast had to be revised – usually downwards – at least three times. It was the year when the paradox of globalisation was laid bare for all to see, if their eyes weren’t tightly shut.”

http://www.ft.com/cms/s/0/c7804616-d3b7-11dd-989e-000077b07658.html