The idea that there was an impending credit crisis was a "contrarian anecdote" in 2008. As the saying goes: they laughed at Galileo. They laughed at Einstein.

The idea that there was an impending credit crisis was a "contrarian anecdote" in 2008. As the saying goes: they laughed at Galileo. They laughed at Einstein. And they laughed at Bozo the Clown.