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Old 08-10-2010, 08:21 AM  
The Demon
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Quote:
Originally Posted by wig View Post
Any prediction of economic collapse is inevitable. Timing is what makes the difference. In this case, they have both been wrong plenty (whatever the reason).

If you lost a lot of money on his advice you may feel differently. Maybe then you could admit he was wrong.

Being "right" is meaningless. Hence, Agent 488's comment. You have to be right at the right time!
Well, he was definitely right about the housing and financial collapses which put him in the 1% of intelligent economists in the world. I've made more than I lost with his predictions as well. I really messed up with those triple leveraged etfs because I thought we were overdue for a correction but we all underestimated the government's involvement and influence on the stupid and naive American public.
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