Every year, Denmark's Saxo Bank puts out a list of bold and unexpected predictions that could shake up the global economy. These are not your average forecasts—they explore what could happen, even if it seems unlikely. Here’s a closer look at their 2025 list, and trust us, it’s a rollercoaster of ideas!
1. The Dollar Faces Its Biggest Threat
Saxo Bank predicts a storm for the US dollar, thanks to some bold moves by Donald Trump. If Trump returns to the White House in 2025, he might impose massive tariffs on imports and cut government spending. Here's the twist: Elon Musk could be brought in to run a new “Department of Government Efficiency” to help make these changes happen.
While this might sound like an efficiency dream, it could backfire. Cutting off the global supply of dollars might lead to chaos in international trade. Ironically, this could make the US dollar’s value spike temporarily before it tumbles hard—dropping by 20% against major currencies and losing 30% of...
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