December 22, 2010
Posted: 1724 GMT
2010 was a whirlwind year for the world’s markets and economies.
Greece and Ireland suffered economic bailouts to avoid taking down the rest of Europe.
While Europe stumbled and the U.S. sputtered on the road to recovery, oil, gold and other commodities are back at record highs, fueled by growth in places like China, Brazil and India.
America’s banks were forced to halt or delay home foreclosures over shoddy paper work, prolonging the U.S. housing malaise, but mortgage rates hit record lows.
Globally, unemployment continues to fester, as workers everywhere wake up to changing labor needs in an increasingly inter-connected and automated global market place.
With stocks in the U.S. rallying to two-year highs and housing prices there perhaps stabilizing, could 2011 be the year it all starts to turn around?
Watch Quest and Ali duke it out over THEIR predictions for your money in 2011