Predictions from this Video

Total: 7
Correct: 5
Incorrect: 1
Pending: 1
Prediction
Topic
Status
The percentage of Americans considered middle class is expected to continue shrinking.
"And the trend is expected to continue downward."
Middle Class
Correct
Inflation will reaccelerate, as the point of no return has been passed.
"I believe that we've already passed the point of no return. I think that inflation will reacelerate."
Inflation
Correct
The US government will continue with more borrowing and money printing to deal with its debt.
"it's just my opinion that they're going to do more of the same. They're going to do more borrowing and more money printing."
US Government Debt
Correct
The wealth gap will continue to widen.
"I don't think that they're going to have it under control and that the wealth gap is going to continue to get wider along with it."
Wealth Gap
Correct
The next crisis will be a sovereign credit crisis, which will cause the Federal Reserve's balance sheet to expand significantly.
"the next crisis that could send the Federal Reserve's balance sheet off the charts... is expected to be a sovereign credit crisis."
Federal Reserve Balance Sheet
Incorrect
Another economic crisis will occur, followed by more government bailouts.
"I see another economic crisis followed up by just more government bailouts."
Economic Crisis
Pending
More government bailouts will lead to more inflation and increased wealth inequality.
"with that going to come more inflation, and with that's going to come more wealth inequality."
Inflation
Correct