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But there is also not a week that goes by without an "expert" in the financial media claiming we are due for a crash. Until there are fewer of these "warnings",
by hellofunk 9y ago
But there is also not a week that goes by without an "expert" in the financial media claiming we are due for a crash. Until there are fewer of these "warnings", the market could very well just keep on truckin.
- rdtsc 9y agoPeople who write these articles I think learned from the last crash that those who "predicted" it became famous ("Did you hear, so and so called it, smack on the nose, they must be a good economist. Let's have them write a book"). So now nobody wants to be left out, and so they predict crashes every week. Eventually when a crash will happen they'll say "see I predicted it, where is my book deal".