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I read that no one can predict the future and that this fact alone makes it a worthwhile endeavor. The simple act of trying to predict the future made future predictions much better at making estimated guesses over time than those who did not. It's a low-risk proposition regardless, people don't necessarily remember and its such a fun game to play. That said when it comes to consulting I do the research. This process is something that Elon Musk refers to as the "Recursive Y." We know X is going to happen, we can therefore afford to be liberal with our predictions on the Y. Macro economics is complex and hard to predict after all.