Saxo Bank Chief Economist Steen Jacobsen gave traditional “crazy” predictions for 2022, the Lenta.ru correspondent reports from the online presentation of the report.
According to the forecast of the Scandinavian banker, next year the world expects many serious changes in the field of the economy. Governments around the world will be forced to postpone the green energy transition and push back the dramatic cuts in oil (by 29 percent) and gas (by 10 percent) by five and 10 years, respectively, compared with the originally planned 2030.
The largest social network in the world, Facebook, is expecting a recession due to the outflow of young users who are dissatisfied with the level of personal data protection and the quality of content. The United States, according to Jacobsen, will face a recession due to the political crisis due to the midterm elections to Congress, and the rate of inflation and unemployment in the country will reach 15 percent.
A superfund will appear in the European Union in 2022, designed to stimulate the climate transition and the bloc’s defenses. It will be financed by non-state pension funds, which will purchase the fund’s bonds.
Reddit-registered women traders will start selling shares in non-gender-equality companies en masse and buying shares of firms that meet their standards. Musicians around the world will begin to switch to selling their works through NFT tokens, bypassing streaming services.
Steen Jacobsen annually presents “crazy predictions” for the next year. The economist warns that he is not striving for predictive accuracy and is only trying to imagine what the world might look like in the future. Forecasts should help to expand the boundaries of ideas about the surrounding reality. Last year, Saxo Bank predicted the purchase by Amazon of an entire state, namely Cyprus, the emergence of a new reserve currency, the default of France and much more.
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