From Amazon buying Cyprus to Germany bailing out France — here are ten of the most ‘outrageous’ predictions for 2021

• The year 2020 has been a whirlwind, and 2021 may not be very different if the outrageous predictions proposed by the Saxo Group turn real in the new year.
• The economic unrest during the COVID-19 pandemic has highlighted the inequality in societies and could lead to major policy changes like the realisation of Universal Basic Income (UBI) in 2021.
• The past year also saw increased scrutiny of technology companies, which may lead to Amazon ‘buying’ Cyprus as it hunts for better tax breaks.

The year 2020 has left most investors reeling and the public feeling uncertain about what 2021 may hold.

As the New Year draws closer, the Saxo Group has some outrageous predictions about what may unfold in the new year — from Germany having to bail out France to the success of the COVID-19 vaccine killing off companies and blockchain technology killing the fake news industry.

It even predicts that Universal Basic Income (UBI) may finally become a reality but will result in a real estate crisis in big cities.

Saxo’s 2021 prediction also proposes the emergence of a Citizens Technology Fund to compensate those who may lose their jobs due to technology to keep society from falling apart at the seams.

In the report, Saxo Bank breaks down predictions of ‘unlikely but underappreciated events’ that could send shockwaves across financial markets, if they were to occur.

From the best case scenarios to the worst, here are ten of the most outrageous predictions for 2021: