Who was to know that Kartik Athreya, Ph.D, self-described “worker bee” economist toiling away at the Federal Reserve Bank of Richmond, is responsible for the meltdown in the derivatives market? /s
What did he say, or do prior to to that remarkable event that indicated he was aware of the underlying causes for it, or that he forsaw the event. Note that the word forsaw is equivalent to prediction based on one's knowledge and understanding of what they profess and write about. It's not crystal ball stuff.