Elections in the world's two largest economies, heightened volatility in financial markets and a continent in crisis - 2012 has been an eventful year keeping the pundits busy making predictions about which way our world was headed.
While the bulls have made hugely optimistic forecasts, the bears have touted the worst-case scenarios. From the collapse of a global power to a surge in a stock price, several boom-to-bust observations have been made this year. We've come up with a list of nine such "expectations" for the year that have not quite gone according to plan.
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Check out some 2012 predictions that never came true below and click over to CNBC for more: