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What is the world going to look like in 2008? Are there going to be more wars in the middle east? Will the United States elect its first female or black president? Will there be a recession? Quite frankly none of us know the answers to these things for sure. Sure, we all have our own 2008 world predictions but really, anything can happen. For example, almost nobody in the year 2000 would have thought that in 2007, the United States would be fighting two major wars. Yet, as a result of September 11th and the decisions made by the president afterwards, that is precisely what has occurred. Psychics often claim to be able to predict the future but they are just guessing like the rest of us. Yet, many people continue to listen to them claiming that they have special insights into the future. Usually, this is just a result of their predictions being so vague that you can read into them whatever you want. Nevertheless, most of us still like to make our own predictions for what the world will look like in 2008. Now there is now a way of seeing how your predictions compare to other people's, that is much more accurate than any psychic. By using prediction markets, you can easily see what other people are thinking and compare their thoughts to yours. Most prediction markets operate through the buying and selling of prediction contracts. Some are based only on virtual money and others are based on real money. Thus, if you think you know that something will or will not happen you could even profit from it. There are all kinds of 2008 world predictions that people are trading. Some examples include:
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