Saxo Bank Chief Economist Steen Jacobsen gave a “crazy” forecast for 2022 
Saxo Bank Chief Economist Steen Jacobsen gave the traditional 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 development of the climatic transition and the defense capability of the bloc. It will be funded by non-government pension funds that will buy the fund's bonds.
Female traders on Reddit will start massively selling shares of non-gender equality companies and buying securities 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 Amazon's purchase of an entire state, namely Cyprus, the emergence of a new reserve currency, the default of France and much more.