Eight 2009 Economic Predictions & Five Economic Storms Raging

Nouriel Roubini :
Known as Dr. Doom, the NYU economics professor saw the mortgage-related meltdown coming.
Bill Gross :
The founder of bond giant Pimco warned of a subprime contagion back in July 2007.
Robert Shiller :
The Yale professor and co-founder of MacroMarkets called both the dot-com and housing bubbles.
Sheila Bair :
The FDIC chairman has been pushing to get mortgage relief for borrowers.
Jim Rogers :
The commodities guru predicted two years ago that the credit bubble would devastate Wall Street.
John Train :
The author and chairman of Montrose Advisors has 50 years of Wall Street experience.
Meredith Whitney :
The Oppenheimer & Co. analyst was among the first to warn that the big banks had big problems.
Wilbur Ross :
The billionaire chairman of W.L. Ross & Co. specializes in turning around troubled companies.
http://recession.org/library/2009-economic-predictions
Jim Rogers:
" Virtually the only asset class I know where the fundamentals are not impaired - in fact, where they are actually improving - is commodities. Farmers cannot get a loan to buy fertilizer right now. Nobody's going to get a loan to open a zinc or a lead mine. Meanwhile, every day the supply of commodities shrinks more and more. Nobody can invest in productive capacity, even if he wants to. You're going to see gigantic shortages developing over the next few years. The inventories of food worldwide are already at the lowest levels they've been in 50 years. This may turn into the Great Depression II. But if and when we come out of this, commodities are going to lead the way, just as they did in the 1970s when everything was a disaster and commodities went through the roof.
What I've been buying recently is agricultural commodities. I've also been buying more Chinese stocks. And I'm buying stocks in Taiwan for the first time in my life. It looks as if there's finally going to be peace in Taiwan after 60 years, and Taiwanese companies are going to benefit from the long-term growth of China.
I have covered most of my short positions in U.S. stocks, and I'm now selling long-term U.S. government bonds short. That's the last bubble I can find in the U.S. I cannot imagine why anybody would give money to the U.S. government for 30 years for less than a 4% yield. I certainly wouldn't. There are going to be gigantic amounts of bonds coming to the market, and inflation will be coming back. "
http://www.moneyandmarkets.com/five-economic-storms-raging-now-2-33662