Could we see a repeat of the roaring twenties, as the 1920s were known—years of prosperity, technological innovation and such social developments as women winning the right to vote? With those policies maxed out, “in the 2020s it seems inevitable that a world of helicopter money awaits," Deutsche Bank predicts. The ‘20s could be an era of smart cities, where big data and robotics ensure better governance, health and connectivity, UBS forecast. It expects annual spending to turn cities smart will reach $2 trillion in 2025 and smart devices will multiply over four-fold to 46 billion. UBS predicts the “space economy" will reach $1 trillion in the coming decades, from $340 billion now.

Source: Mint December 29, 2019 18:00 UTC