Actually, The Daily Reckoning did see problems coming.
They would run up their tattered Crash Alert flag each day. I remember this around June 2007. They did got the commodities and de-coupling story dead wrong, however.
There were a small but significant number of people that I researched that also saw this coming. They were all ignored however.
BANKS
banks and financial institutions
daily reckoning: oz banks in bad shape, page-7
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