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So let me just start off by saying this is not my prediction. I've been working with a professional investor for a few months and this is his prediction. Or rather, the prediction of his program.
This investor/inventor of said program initially built it to help with tornado prediction. I'm sure you can all imagine the immense amount of computational power that goes into something like this. Well, apparently, this kind of programming is also exceptionally apt at predicting market behavior. Ironically, it can calculate human behavior better than most humans. But it also takes into account current market conditions, therefore, this program is constantly course correcting which means this isn't perfect. There's always some risk with being wrong.
That being said, about a week ago he (his program) predicted that because Canada cannot play the fiat games that the US can - Canada doesn't have the breadth of market and is not a world reserve currency. 50-80% small businesses in Canada (and these are already struggling) will give up and go bankrupt. From a developed world perspective, it's looking like Canada will could be hit the hardest. I'm talking levels not seen since 1929 and worse by a factor of three.
With the aid of this program, he predicted the crash of 2008 when there were no signs of it coming. Also the flash crash of 2010. I'm talking with a 99% hit accuracy.
Look, to be completely honest, I'm a little out of my realm here with this. And I suspect there will be a lot of people here casting some very serious doubt. Well deserved, of course. But best case scenario, I'm an idiot that will listen to anybody with a self proclaimed prediction machine. Worst case scenario, Canada will see carnage.
This investor/inventor of said program initially built it to help with tornado prediction. I'm sure you can all imagine the immense amount of computational power that goes into something like this. Well, apparently, this kind of programming is also exceptionally apt at predicting market behavior. Ironically, it can calculate human behavior better than most humans. But it also takes into account current market conditions, therefore, this program is constantly course correcting which means this isn't perfect. There's always some risk with being wrong.
That being said, about a week ago he (his program) predicted that because Canada cannot play the fiat games that the US can - Canada doesn't have the breadth of market and is not a world reserve currency. 50-80% small businesses in Canada (and these are already struggling) will give up and go bankrupt. From a developed world perspective, it's looking like Canada will could be hit the hardest. I'm talking levels not seen since 1929 and worse by a factor of three.
With the aid of this program, he predicted the crash of 2008 when there were no signs of it coming. Also the flash crash of 2010. I'm talking with a 99% hit accuracy.
Look, to be completely honest, I'm a little out of my realm here with this. And I suspect there will be a lot of people here casting some very serious doubt. Well deserved, of course. But best case scenario, I'm an idiot that will listen to anybody with a self proclaimed prediction machine. Worst case scenario, Canada will see carnage.
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