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Such kind of predictions have a funny impact. Imagine if people start believing the prediction 100%, they would start selling out or short the market. And those
by paraschopra 17y ago
Such kind of predictions have a funny impact. Imagine if people start believing the prediction 100%, they would start selling out or short the market. And those actions collectively would result in a crash.
- TriinT 17y agoSelf-fulfilling prophecies, they're called.
- ynniv 17y agoAll the more reason to make sure that everyone hears you.
- christopherolah 17y agoPerhaps that's what he intends... Maybe the reason he isn't giving the reason he is predicting the collapse is because the reason is to see what effect his prediction has on the market.