Happy New Year!

I thought I'd take the opportunity to reflect on where we are heading and what we might see in the next 12 months. 2012 as a year has been associated with all kinds of vague and misleading theories about Maya prophesies of impending apocalypse. Even though we are unlikely to see the end of the world, 2012 is still very likely to be challenging.

Take my predictions with a pinch of salt. As Niels Bohr quipped: "Prediction is very difficult, especially about the future"....