Skip to main content

Were we the first to forecast the financial collapse?

Bullseye! One of our members drew my attention to an old issue of our publication Practical Politics in which the editor, David Mills, had said that of the next slump “the seeds are being sown now”, and giving his prediction that it would occur “probably about seven years hence”. As this was in July 2002, his forecast turned out to be a bullseye hit. Is there a prize for the first and best prediction and can we claim it?