s.P.> I don't believe in such forecasts either.
I forgot to answer this.
I try to foresee economic events at a daily basis I can say, i made it in the last 4 years regularly. Occasionally since 2000. And yes, there are not certainties, but only probabilities. 20%. 50%. Sometimes 70-80%. Sometimes i see political events to come: only probabilities of course, alternatives.
Just think about one thing. In our country NOBODY said Russia will go in Ukraine. Not my friends, not my acquaintances, not the business forums, nobody. But I saw at 21 february it can be something with a fairly high probability, and the 23 february the probability reached such a high level, that I needed to act: change my forint to other currency. (Other thing: political events are more difficult to foresee than economical events. And it's also difficult to see economical events... For me.)
So perhaps what I see can have some predictive power. Not sure, not certainly but probably.
If something goes public, the predictive power is finished, i could see it in the past years several times. There are rare exeptions, but generally if it's public, actors, players, decision makers will find another way to make what they want. That's why i not post my worst-case scenario here - if public, it will loose predictive power, decision makers will find another way to reach their goals, perhaps worse methods, worse consequencies. That's why I hope my reader will be honest and if he thinks there can be reality in my scenario, he will not make it public - instead he will send it to his friend who is at a little bit higher position.