USA 2023 Predictions
The economy of the US will slow down because of the Federal reserve raising higher interest rates to fight inflation. This in turn will bring down the housing market and raise unemployment. If there is a recession in the US, it will be mild and would happen mid -or late 2023. At year’s end, the American economy will slowly return to normal.
The Feds sharply higher interest rates will re-enforce the value of the dollar, which will hit a new high against major currencies. There will be an easing of the inflation pressure and improved global growth for the US dollar in the second half of 2023.
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The stock market may recover in late Spring but will go down again if the economy doesn’t pick up, but if inflation abates, due to the actions by the Fed to lower interest rates, there will be reasonable returns as the stock market bounces back.
President Joe Biden will continue to be President of the United States but will suffer health problems, and Vice President Harris will step in as needed to fulfill his duties.
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Many well-known brand stores will close in New York, Los Angeles, San Francisco and Chicago because of high crime.
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Food shortages because of the high price of food felt around the world not only because of the Ukraine war but drought is playing a major part on crops and lack of water.
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A digital dollar in US on the way with a pilot program and private researchers working on this giving the public a digital alternative to coins and banknotes.
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New Prime Minister of England will enjoy a high approval rate, as the money markets have confidence in him in his role, he will reach out to other countries. Rishi Sunak the new leader will focus on unity amid a sharply slowing economy. He will fix the public finances, present a plan for the construction of a new energy infrastructure, and choose a location for a new nuclear power station. Re. Brexit, he will take a more conciliatory approach to the European Union and try to approve relations.
Much of the world will be in a recession due to war in Ukraine and Putin’s hold on the oil. It will be a hard winter for those in Europe and gas price will soar, as it suffers a recession as well. Britain will undertake fiscal tightening to help the economy.
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Poland will build its first nuclear power plant.
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A monetary fiscal conflict hits Japan because of rising inflation and Fed tightening that would cause much pressure on the Japanese yen.
Possibility of a powerful Russian attack in 2023 against Ukraine, leading to further talks between Ukraine and Russia. Ukrainian President Vladimir Zelensky at that time may decide their best strategy is to negotiate a peace settlement before the Russians start their big offensive.
Alternatively, within a year, President Putin may possibly cut his losses in the Ukraine war, due to his unpopularity, abandoned by his elites, health problems, which could lead to a change of power in Russia within 24 months.
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Kim Jung UN of North Korea will rattle the US with his military moves and exploding a nuclear device that will endanger the world.
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Emmanuel Macron will see growing levels of civil unrest in France due to the high current cost of living and global warning. There will be a revolt against the well to do in that country.
Scotland will gain its impendence from the United Kingdom.
Northern Ireland to join the European Union.
Jamaica to break away from British Rule and become a Republic.
Civil war in Haiti.
An assassination of a world leader.
Sad Goodbyes to Actress Jane Fonda, Barbara Walters, Jimmy Carter, Pope
Benedict XV1, Tony Bennett, Rupert Murdock, and a foreign leader.
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Israel may go to war in attacking one of Iran’s powerful nuclear plants.
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Terrorist attacks around the world in Europe, targeting London, Egypt, France, New York, Germany – places of worship both in US and UK with US malls, theme parks, and an airline may be hijacked.
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Earthquakes of 5.8 to 6.4 + or above, to hit Los Angeles, San Diego, Orange County, and San Francisco.
Quakes in New Zealand, Philippines, Hawaii, Japan, Taiwan, of heavy magnitudes up to 6.5 and above.
Earthquakes up to 5.5. and above or just below for Los Angeles, San
Francisco, Mexico, Alaska, New Zealand. Power outages in New York and
Chicago.
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Some cities world-wide experience rains and high winds and tides including California, Florida, Indonesia, India.
Hurricane season reaps havoc for parts of New Orleans, Florida, and storms for Philippines, with wildfires in California, Canada, and Australia. Flooding in Japan, and Caribbean in Winter of 2023.
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