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Wednesday, 3 June 2009

Saying that nobody saw the the economic disaster coming is just not true

Frank Dobson was on BBC Radio London's Eddie Nestor hosted Drivetime programme this evenimg. During the interview Frank Dobson pushed the Labour party line (enthusiastically spread by the BBC) that absolutely nobody had seen the worldwide economic crash coming. Not a politician, not an economist, not a journalist; really?

Back in February I blogged about Peter Schiff who in 2006, 2007 & 2008 predicted what has now happened.

Below is the relevant video and do watch out for the derision that was poured upon Peter Schiff for making such predictions. I really would like the fool laughing from around 3:40 to account for his actions then and to comment on who was eventually right and who was wrong. The share-tipping of "Financials" from 6:30 is really quite scary as is the scorn poured upon Peter Schiff for declaring that the Emperor was naked.

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