I recently heard someone praising a financial guru for having predicted October's, indeed all of 2008's, stock market meltdown. It happens that I was on that particular guru's mailing list for several patches of the last twenty years (not by choice), and so I also know that he predicted the '87 Crash, as well as the '89 Crash, the '90 Crash, the '91 Crash, the '92 Crash, ..., the bursting of the dot-com bubble (nailed one!), the end of civilization as we know it because of the expected (by him) Y2K computer bug, and--well, you get the point. Something about stopped clocks.
So the next guy who comes along boasting of having called the '08 Crash, ask him for a complete list of the other crashes, financial meltdowns, and other disasters that he has predicted.
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