Will it predict 4 out of 4? Economist’s model promises an unexpected triumph at the world championship

Will it predict 4 out of 4? Economist's model promises an unexpected triumph at the world championship

For the “Oranges,” this would be a historic success – so far they have lost in the final three times (in 1974, 1978, and 2010).

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Vida Press nuotr./Nyderlandų futbolininkai rungtynėse Kaune

Nevertheless, the Netherlands national team is certainly not seen among the favorites for the upcoming championship, so such a model conclusion surprised even its creator.

“Actually, it all started as a simple joke,” admitted J. Klement, speaking to CNN, who works as the head of strategy at the investment bank Panmure Liberum in London.

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VIDEO: Market strategist Joachim Klement on his historically accurate World Cup predictions
Will it predict 4 out of 4? Economist's model promises an unexpected triumph at the world championship
Market strategist Joachim Klement on his historically accurate World Cup predictions

“I tried to mock economists who think they can predict absolutely everything, even though sometimes they have no clue. I created a model, and then the worst thing happened – it was right three times out of three,” laughed J. Klement himself.

His first model in 2014 accurately predicted that Germany would become world champion. Four years later, the economist was right again – this time predicting France’s triumph, and in 2022 he was correct choosing Lionel Messi-led Argentina.

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AP Photo/Alvaro Barrientos nuotr./Lionelis Messi

How does J. Klement’s model work?

Translated from

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