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AMAZING 35-YEAR TRACK RECORD

Forecasting the future with uncanny accuracy, Frank Feather has accumulated a remarkable 35-year track record. He began forecasting the future in 1970 as head of budget planning at TD Bank, continued as a strategic planning executive at CIBC from 1974, and then as a futurist since 1981. These many forecasts are too numerous to list, but here are just a few of his more significant global forecasts:
 

1970: End of Gold Standard
Forecast a near-term major global financial crisis and realignment of currencies. This occurred, culminating in the removal of the U.S. dollar from the Gold Standard in 1972.

 

1971: World Oil Crisis & Debt Crisis
In studying energy markets, found a then obscure, newly-formed Organization of Petroleum Exporting Countries. Forecast the evolution of OPEC into a cartel that could leverage oil prices to at least double their 1971 level, causing severe inflation, rising interest rates, and a global lending crisis. In 1973, OPEC tripled oil prices overnight, sending the world into a decade of hyperinflation, debt defaults, and geopolitical turmoil.

 

1976: Opening Up of China
In studying potential HongKong office for CIBC, discovered Chinese Premier Zhou Enlai's plan to modernize China and open it to the world, and forecast this would occur after death of Mao. In 1978, Deng Xiaoping announced "Four Modernizations" and "Opening Up" policies. (It later transpired that Frank himself was asked to advise on these policies and he's been a Special Advisor to the Chinese government ever since!)

 

1980: the Re-Unification of Germany
At 1st Global Conference on the Future, forecast the re-unification of Germany as new Soviet leaders sought closer alliance with the West.

 

1981: Gorbachev to be Soviet Leader
In studying global grain market for Agriculture Canada, learned that next Soviet Agriculture Minister would be Mikhail Gorbachev. Forecast he would be next General Secretary of Communist Party (occurred in 1985).

 

1981: Gorbachev 1991 Coup
In 1981 study, speculated that Gorbachev would suffer a "political accident" after about 5 years. A coup occurred in 1991.

 

1987: Stock Market Crash
In February and again in September 1987, forecast a stock market crash in October 1987, as occurred.

 

1988: Fall of Berlin Wall
Forecast in G-Forces that Berlin Wall would be "torn down dramatically in the early 1990s" leading to reunification of Germany. The wall was removed in late 1989.

 

1988: Mini-Depression 1990-1991
Forecast in G-Forces a severe (post-market crash) recession, leading to 1992 loss of Presidency by George Bush. Economy hit bottom in May 1991 and Bush lost the 1992 election.

 

1988: Super-Boom 1993-2018
Forecast in G-Forces a 25-year economic "Super-Boom" driven by high tech, including a booming stock market, with economic slow-downs in 2000-2001 and 2009-2010. So far, forecast is on track; severe stock market correction of Spring 2000 is precursor of economic slowdown (not recession) in late 2000 to 2001.

 

1990 and 1992: Chinese Economic Boom
Re-iterated forecast in G-Forces that China would at least double its economy between 1990 and 2000 and would be global economic super-power in early 21st century. China doubled its GDP by 1997 and is still growing 7%-8% annually after inflation.

 

1993: Internet Access via TeleCom Wallets/WebPhones
Forecast in The Future Consumer a combo PC-cellphone "TeleCom Wallet" to replace wallets/purses and be used to surf the Net and shop online before 2004. Nokia estimates there will be one billion cellphones in use by 2004, half of them with Net access. (In FutureConsumer.Com, he now calls these devices WebPhones.)

 

2000: Internet to Grab 31% of Retail Sales by 2010
Latest major forecast, in FutureConsumer.Com, is that 31% of all retail sales will be made online by 2010 - 43% if big-ticket categories such as automobiles, homes, and education are excluded.

 

2000: Stock Market Crash
Forecast a major 30%-50% correction in the Nasdaq and related stock markets.
 
1992, 1996, 2000, 2004: China Super-Boom
Forecast ongoing economic growth averaging 10% annually in China until at least 2010.
 
1993, 1997, and 2000: Global Terrorism
Forecast growing risk of global terrorism, with widespread fanatical attacks using home-made and suitcase bombs.
 
2000 and 2006: "Webolution" of Society:
Predicted "Web Lifestyle" in North America by 2008 and 2.5 billion people online worldwide by 2010 (presently on track).