The predictions for this Year of the Dragon are fairly lengthy, so we will post them in two parts. Part 1 looks at the economy and the presidential election in the United States. This Part 2 considers other matters that may be important in the coming year.
Before we begin this discussion, here is an executive summary of the predictions from both Parts 1and 2:
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PREDICTIONS
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The United States will see lower inflation and lower unemployment.
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Stocks will rise, with the Dow Jones Industrial Average moving well above 40,000.
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There will be no recession.
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Joe Biden and Donald Trump may not be the candidates for president in the November election.
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The candidate nominated by the Democrats, whether Joe Biden or someone else, will most likely win the presidential election. However, Grover Cleveland’s election to a non-consecutive term in a previous Dragon year shows that Mr. Trump may have a chance for an upset.
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There is an increased danger of flooding.
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Advances will be made that relate to transportation, but there will be travel disasters, such as airplane crashes and bus or shipping accidents.
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Like every year in the United States, there will be mass shootings, some of which may occur at schools.
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Progress will be made with respect to civil rights and relations between races. The progress will not be smooth, and we may see racial violence and even genocide.
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Expect impressive technological advances, probably in such fields as artificial intelligence, electric vehicles and space travel.
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The war in Ukraine will drag on, with Russia getting the worst of it
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