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America's economy risks the mother of all meltdowns (yahoo.com)
11 points by gibsonf1 on Feb 19, 2008 | hide | past | favorite | 3 comments


The problem I have with articles like this is they find some fringe figure (either a total bull or bear) and have them talk about the extreme edge of an argument because it makes better press. Because of this motivation, you're not going to get an objective analysis of the issue. The author even said "To answer this question we should ask a true bear".

No one economist is ever going to get this right because economics is more like weather forecasting than anything. You're better looking at "surveys of economists" you can find in many publications to get an idea of what economists on aggregate think. The wisdom of crowds, anyone?



Two words: Self-Fulfilling Prophecy.




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