The Economic Crisis No One Saw Coming: A Convenient Untruth

Yet even as the mainstream authorities failed to detect the economic earthquake moving below their own feet, somebody did "notice" well in advance

. That person was EWI's president Bob Prechter. Here, the following footage contains a series of Bob's Bloomberg interviews over the same period as the first Daily Show video. Clear as PLAY, the foreseeable nature of the crisis emerges from the very first, October 19, 2007 taping. As the historic trend change began to unfold, Bob issued this timely insight: "We've seen the first crack in the credit structure with a huge drop in commercial paper... These are the harbingers of a change toward the downside for the stock market, commodities including oil, and the debt market itself." Don't believe the convenient untruths. Get the objective story today via

The Economic Crisis No One Saw Coming: A Convenient Untruth

By: ekanem uwemedimoh

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