> You know the saying, right? Economists have successfully predicted 9 of the last 6 recessions. You know that the person who said/wrote that was Paul Samuelso

> You know the saying, right? Economists have successfully predicted 9 of the last 6 recessions. You know that the person who said/wrote that was Paul Samuelson, one of the most important economists in the 20th Century, right? > To prove that Wall Street is an early omen of movements still to come in GNP, commentators quote economic studies alleging that market downturns predicted four out of the last five recessions. That is an understatement. Wall Street indexes predicted nine out of the last five recessions! And its mistakes were beauties.[20] * https://en.wikipedia.org/wiki/Paul_Samuelson#Aphorisms_and_quotations https://en.wikipedia.org/wiki/Paul_Samuelson#Aphorisms_and_q... He literally wrote the (text)book on economics: * https://en.wikipedia.org/wiki/Economics_(textbook) https://en.wikipedia.org/wiki/Economics_(textbook)