David Kirkpatrick

December 26, 2008

Worst financial predictions of 2008

Filed under: Business — Tags: , , , , — David Kirkpatrick @ 3:44 pm

This is one of those articles that just writes itself under these conditions. I’m betting you could take the business section of any paper in the US and find a bad prediction, or two, every single day of the year until the bottom really dropped out.

Here’s one from the outgoing president:

4. “The market is in the process of correcting itself.” —President George W. Bush, in a Mar. 14, 2008 speech

For the rest of the year, the market kept correcting…and correcting…and correcting.

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