I do not understand why some would call me an economic oracle. Although I correctly foretasted key economic events in the past 10 years, the truth is that any economic forecasting model can become useless with the change of just one variable. And if we learned anything from experience, the only constant in markets is change. The first rule of economic forecasting is to understand that it is a science of probability not a science of certainty.

Med Jones

Med Jones is the president of International Institute of Management - A US based think tank specializing in applied strategy in the fields of economics, financial markets, and business operations. Jones is one of the few experts who predicted the global financial crises of 2008. In 2006 he warned about three crises to hit the US in the decade from 2007-2017; the burst of the housing bubble, US national debt, and the social security deficit. His statements and predictions are followed by economic researchers and investment analysts around the world. He is also noted for his contribution of the second generation of Gross National Happiness (GNH) framework, also known as GNH Economics.

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