Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

It was obvious to me in about 2002 in the UK when I started to see people being forwarded money I knew they could never pay back, for cars and houses.


you would have spent 6 years believing something was going to happen before anything happened, that's 6 years out of the 8 years in between the two major crashes this millenium.


I didn't say I predicted _when_ it would happen, simply that it was obvious to a casual observer that there was a credit bubble that would inevitably burst when money couldn't be paid back.


well yeah i mean, if you persist in saying things will go up or go down, eventually you'll be right.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: