I remember listening to a bunch of kooky-sounding talk in 2005-2006 about asset bubbles, inverted yield curves, credit default swaps, mark-to-market accounting, and other arcana spoken of in incredulous, worrisome tones that sounded like rejected dialogue from The X Files.
Then, pretty much everything they said was going to happen, happened, except for the usual wish-fulfillment subtexts about military coups, riots, and TEOTWAWKI.
(Of course, I've heard the same sort of talk since the mid-1970s, so its predictive power isn't all that impressive...)
Then, pretty much everything they said was going to happen, happened, except for the usual wish-fulfillment subtexts about military coups, riots, and TEOTWAWKI.
(Of course, I've heard the same sort of talk since the mid-1970s, so its predictive power isn't all that impressive...)