But who was the charlatan? The person predicting the recession, or the government who stopped the predicted recession by adding another $5T to the debt pile, to almost inevitably cause a recession later, at a more politically convenient time for those in power today? The recession happened, as predicted, the government absorbed it for another day.
The person predicting the recession. Even if the government were preventing each new recession through historically unrivalled foresight, the predictor should eventually start incorporating that into the prediction.
But who was the charlatan? The person predicting the recession, or the government who stopped the predicted recession by adding another $5T to the debt pile, to almost inevitably cause a recession later, at a more politically convenient time for those in power today? The recession happened, as predicted, the government absorbed it for another day.
I'm going with the pathologically incurious guy who is wrong in essentially every detail.
The person predicting the recession. Even if the government were preventing each new recession through historically unrivalled foresight, the predictor should eventually start incorporating that into the prediction.
If the prediction is "there will be a recession within the next 20 years", then, okay. If it's https://podcasts.apple.com/us/podcast/the-a-i-bubble-is-burs... every single month...