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Trends 2006

Has a nagging anxiety about the state of the world been nipping at your heels lately? Have you had the sense that life is about to get harder? Well, you would be in good company. According to The Trends Research Institute, 2006 is going to be a difficult year.

Still, one individual’s anxiety is another corporation’s opportunity. The Trends Research Institute is the place where corporations and financial institutions turn to find out how to reposition, where market gaps exist, and what new opportunities are on the horizon.

The Institute released their Trends 2006 forecast in December 2005. For us mere mortals, these are some of the trends on the rise:

• This year marks the beginning of the end of the major television networks’ monopoly. Internet television will see huge growth.

• Americans are in a long-term down-sizing mode: cars, homes, extravagant living. Simple living will see an up-surge and more of us will choose to purchase items that are of better quality that can be repaired rather than replaced.

• For the first time ever, we’re looking backward for inspiration rather than forward. We’re disillusioned with what’s out there. Both the Boomer and the Millennium generations are looking backward to find their heroes. Like Dylan and Lennon…

• Sustainable living is the hottest trend. Living off the grid and being self-reliant is where many of us are headed. It’s not a social statement. It’s the realization that we’re on our own and our economic and physical survival may depend on it.

• The world really, really hates us. Our response to Katrina in New Orleans seems to have been the straw that finished breaking the camel’s back.

• The economy will take a major hit. With enormous national and individual debt loads (much of our recent economic growth came from spending borrowed money), we’ll truly suffer the consequences of high fuel prices, increasing inflation, slow growth, and the fizzling real estate bubble. The Trends Research Institute calls it a Category 5 Economy.

• Labor unions will make a strong come back for the workers from the lowest economic strata who feel as if they have little to lose and not much to risk.

• Main Street USA will be the preferred place to shop. With fuel prices rising and personal time and incomes shrinking, we’ll be more willing to pay a little extra to patronize local merchants who are really close to home. Big Box stores will hurt this year as a cross-generational opposition toward them grows. We’ll shop less and buy better, closer to home.

• The survival business will boom for the first time in decades as more people understand that the government can’t protect us against terrorist attacks or economic disasters or natural disasters or, possibly, pandemics.

• Americans are entering a new green era. We see the handwriting on the wall and we want to save the environment. Not because it’s the socially trendy thing to do. We want to save the environment to save ourselves.

• Alternative energy becomes a large and growing movement. It’s an area ripe for investment and IPO opportunities. While the more traditional alternatives (wind, water, solar, fuel cells, and geothermal) continue to grow and advance, surprisingly, the best opportunities will be in cold fusion, zero point energy, charged clusters and permanent magnets. Also the highly controversial hydrino power.

Every thirty or forty years, we seem to have cataclysmic upheavals in our society. Social revolutions that radically change our direction for the next several decades. Although I lived through the one in the 60s, I was too young to really know what was going on, other than realizing that JFK’s assassination and civil rights and growing dissent over Vietnam were changing us. Now, it seems as if we’re dealing with issues as large and important—as life changing—as the ones in the 60s. It’s hard to see what’s on the other side when we’re in the middle of it. The 2006 trends more than suggest that we’ve lost confidence in our government and that’s worrisome. Happy and contented people don’t normally begin thinking about planning their own survival.

While the trends seem to be largely depressing, I think there’s a glimmer of hope in them. We apparently have a growing will to survive, reform, and advance, come hell or high water. I hope we pull through this one intact. It’s probably going to be messy.

Companion piece: USA Today: In the Year 2006: Online TV, secession, survivalism

Posted on 02/04/06 at 05:34 AM
 




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