If you recall, many such false prophets also made a good deal of predictions of what would happen in 2008 at this time last year. They are all wrong. You don't need me to remind you:
- Some clever devils in Wall Street predicted oil would surely go up to $200 or even $250 a barrel by the end of 2008. This is absolutely wrong.
- Some devils in Wall Street or their friends predicted that things must turnaround in the 2nd half of 2008 and in particular, the housing market would bottom up. This is again wrong, misleading and stupid!
- Worse, some devils in Wall Street predicted that the rest of the world especially the emerging markets would decouple from the US sliding economy and would do much much better than US in 2008. Again, this is absolutely wrong, misleading and stupid!
- The funniest prediction for 2008 was the forecast that China and India would continue to run full steam ahead of the whole world notwithstanding recession in US, Europe and Japan! This is a perfect lie, deception and stupid illusion!
God has forsaken us and is doing nothing to help us! Yes, only God knows what will happen in the future but we will never know! So don't try to be God and predict 2009.
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