Last month, Rex Nutting had a surefire contrary indicator: He noted that the Bush administration DOES NOT expect the GSEs to fail, and that no rescue plan is imminent.
He wrote at the time that this made the government takeover a Phoney and Fraudy pretty much a sure thing.
"Is there any surer sign of an impending disaster than a reassurance from the White House that it doesn’t expect it to happen?"
That seems to be more or less an eventuality at this point. But it raises an interesting question:
Recession? Housing Slowdown? Credit Crunch? Been there, done that.
What other impending disasters are out there? What aren’t people expecting? What possible surprises are there — upside as well as down — that could shake things up even more?
What say ye?
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.