I'm (generally) not a fan of specific short term predictions because there are countless factors which can make "large" differences in the outcome; and I tend to favour talking about the underlying factors which will impact the economy for the next couple of years. One thing that does bother me about most mid term predictions for the economy is how everyone makes the assumption that it will either collapse or recover at a very rapid pace; and I believe one possible outcome is what I would describe as a "Zombie" economy ...
Essentially, when the fundimentals of the economy have not been corrected and most of the effort is focused on the symptoms it is possible for the economy to continue to fall at a steady pace for a long period of time followed by a very slow recovery to previous levels. Imagine an outcome where the economy falls at (roughly) 1% to 2% per year for the next 2 or 3 years, and then recovers with GDP growth of 0% to 2% for 5 or more years.
