Sunday, March 15, 2009

Who else saw the stock market crash?

When this bear predicted the stock market crash the dow was 13,000 and he predicted a 50% drop. Well, we are now around 7,000 and falling. He predicted a recession. Guess what, we are now in a severe recession and going into a deep depression.

Therefore, when debunkers claim that no serious person predicted the recession, you can tell them that they are wrong as usual. My prediction of complete collapse was made in 2005 to give people enough time to get out. By the time fund managers like the man below saw it, houses had already lost over 25% of their value.

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