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economics 101, page-6

  1. Skol
    33,861 Posts.
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    03/11/13
    12:10
    Post #: 12523290
    You didn't have to be a genius to predict the housing crash, anyone could've done it.

    I did it! There was ample evidence even on the TV that it was overcooked, and if you read The Economist or the FT you definitely knew something was badly wrong with all the shonky debt and CDO's.

    I moved my superannuation from 100% balanced to 50% balanced, 50% cash on 1/4/2007, thereby saving myself a lot of money.

    Schiff is always prediciting Armageddon, it's time he retired.
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