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Here's Paul Farrel highlighting absurdly bullish forecasts from 10 years ago. Let me again make my claim that overly bullish forecasts are routinely held to account, but absurdly bearish ones are rarely held accountable.

Here's some advice: If you ever go in the econ-predictions biz, be pessimistic and vague. Then claim anything that goes wrong as something you predicted.

By the way, are we allowed to start making fun of this?

Posted by edelfenbein at January 6, 2009 12:28 AM