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DEPRESSION WATCH: DAILY COMMENTARY ON THE UNFOLDING CRISIS

Future Economic Predictions & How The Crisis Might Unfold

 

An Economic Crystal Ball?

Predicting the future relatively accurately need not be very difficult at all, provided one has a complete grasp of the facts involved as well as proper understanding of cause and effect. Do you doubt the accuracy of that statement? Let me make a prediction for you then...

I predict that the monthly temperature in January, 2009, in Chicago will average at least 40 degrees lower than the monthly temperature in Chicago during  August, 2008.

That is an easy prediction to agree with. Most people are aware that Chicago is in the northern hemisphere and struggling through the depths of winter in January, whereas during August, Chicago is basking in the warmth of summer. Most people are also aware that the change in the tilting of the Earth causes the seasons and that these seasons experience vastly different weather depending upon proximity to the equator.

Reasonably accurate future predictions are not that difficult to make provided you have accurate facts to base your prediction upon as well as a solid understanding of the system within which your predictions fall.

Predicting Future Economic Conditions

With that being said, the problem for most people is obtaining accurate facts as well as an understanding of the economic system. Unfortunately, the U.S. Government doesn't provide an abundance of accurate economic facts. Couple that with the fact that the economy is an extremely complex system made up of literally billions and billions of individual transactions. It does take a good understanding of macroeconomic cause and effect in order to be able to forecast future financial events with a reliable degree of accuracy.

But it can be done, and is being done by those who have trained themselves with the appropriate skill set. On these pages will be forecasts of economic future events, naked for the world to see, time-stamped by Google bots to ensure against deception by hindsight.

Provided with constant up-to-the-minute economic statistics, combined with a solid grasp of economic cause and effect, we strive to provide reliable economic forecasts for middle class America to benefit from. And though this website is new, the personal record of the owners forecasts are really quite impressive.

Listed below are some current forecasts.

10 Predictions for Fall/Winter 2008

Amero: Fact or Fantasy?

Long Range Predictions

Gas Prices To Reach $6.00/gallon In 2009

 

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