I predicted it during the Reagan Administration,
and I pretty much got everything right except that real estate would precipitate it. But predicting something two decades before it happens isn't necessarily a sign of clairvoyance. Maybe its just dumb luck. Or as LBJ used to say, "even a blind pig can find water sometimes".
I'm convinced I got the cause right though. Putting businessmen in charge of the economy is like putting Dracula in charge of the blood bank.
