Danish financial and technological company Saxo Bank published an informal outlook “Shocking predictions” for 2022, their list includes unlikely events that can have a significant impact on the markets, the press service of the organization.
So, analysts of the bank believe that in 2022, abundant investments in oil and gas will be returned to the economy, a new space race and a cold war will begin, inflation in the United States will exceed 15 percent, and the average life expectancy of a person will increase by 25 years.
Experts believe that global politicians under the need to combat inflation and increase in energy prices, as well as retreating the increasing risk of social exclutions, will be forced to move from the goals of a climate agenda. Investment barriers for 5 years will be removed for oil production and for 10 years to produce natural gas to ensure the economy with an adequate amount of resources at reasonable prices. As a result, oil and gas will rise in price by 50%.
Next year, Saxo Bank expects to start massive hypersonic arms races among the leading military forces, since no country wants to feel behind. He will strongly increase the financing of projects for the creation of hypersonic technologies to the detriment of companies producing traditional expensive equipment (aviation and shipbuilding) for military purposes.
By the beginning of 2023, inflation in the United States will exceed 15%, for the first time since the Second World War. Is it worth saying that the problems of the largest planet economy will be affected by the world’s world?
Saxo Bank will also be foreseen in 2022 a key breakthrough in biomedicine, which in the future will give the opportunity to extend productive adult life and the average life expectancy for up to 25 years. However, this will create huge ethical and financial difficulties. In addition to purely economic issues about growing demand for products and pensions, labor market and medicine, an ethical question arises: Humanly not to make this expensive “cocktail” available for everyone.
In addition, experts expect a major fall of Facebook and Spotify shares, entering India to the Council of Cooperation of the Arab States of the Persian Gulf, Gender Wars in the stock market, creating an EU superfund to solve climate problems, energy and defense, as well as the constitutional crisis in the United States during the period Intermediate elections.
Recall that some of the “shocking predictions” of the past years have come true. For example, Donald Trump could not win elections in the current year. In 2018, the Bank analysts predicted a decline in German GDP growth, and in 2012 a rapid fall in gold prices.