[Theoria]

C2C is always ahead of the curve. They actually have people on who have different opinions, often weird but always fascinating.

Some guest are really ahead of the curve, and right.

ie..Mish.

Economic Forecast

Date:	11-08-06
Host:	George Noory
Guests:	Michael Shedlock

Financial pundit 'Mish' Shedlock shared his economic forecast. He sees America heading into a recession by 2008, brought about by a housing bubble collapse. Jobs associated with the rising housing market have supported the economy, but as housing values go down and fewer new homes are built-- a rise in bankruptcies and unemployment will occur nationwide, he outlined.

[WilliamofCarmichael]

Yes. but others were also commenting on real estate outpacing inflation and how that could only be trouble.

I recall reading testimony before Congress how equity loans were financing the economy (during the 2000 recession after the dot-com bubble burst) -- a public admission IMO that the government and the FED approved of what turned out to be possibly the cause of Great Depression II. Maybe. IMO. Could be.

"Mish" is good. As I recall he is not afraid to name Obama as the problem even with Noory there. Back in Aug. of 2010 (2011?) Noory literally got furious with Professor John Lott for not addressing Obama as PRESIDENT! Obama.