The rich will be richer and the poor will be poorer. 20 years ago it would have been unheard of for an investor to make 40% year-over-year returns. Even 20% year-over-year was a spectacular return. But nowadays, even many of the really big hedge fund managers (big funds are at a disadvantage because of their […]
This will be sweet and brief. Here are my three random predictions.
The U.S. will not go to war with Iran.
Despite all the hype in the media about the U.S. preparing for war with Iran, it’s not going to happen. While Americans love to say that the reason for their war in the Middle East is to free them from dictators, we all know that the real reason is OIL.
First of all, Obama’s got his big election coming up. By starting another war, his chances of being re-elected will be 0%.
Also, the only reason why Iran still stands is because China supports them. China has an insatiable demand for oil and since Iran is against the United States, China and Iran make perfect economic allies (money in exchange for oil). China will definitely prevent the U.S. from going to war with Iran because in the case that there is a war, one of China’s biggest oil supply sources will be cut off.
China will not swing to the left.
Recently, Bo Xi Lai (a candidate for China’s next president) was publicly forced to resign from power. The current government did this as a sign to everyone that China will not swerve towards leftist movements (more communism).
Obama’s chances of being re-elected depend on the stock market.
Historically speaking, current presidents tend to get re-elected if stocks go up during the election period. If stocks go down in the re-election period, then the presidency will most likely change.