One day he will be right -- just not regarding history. And every doom & gloom kook will say "I told you so!". And then afterward, after the mess has been repaired (unfortunately after much too much populist intervention and fumbling before finding the market-based solution) we will have to still wait out another 20+ years of them claiming that we're going to be in the throws of doom again. With a doomer, the sucess rate can be minisule and yet one still be celebrated by fellow doomers for keeping up the good fight against the long odds...it's a sickness with them.
I’ve noticed something funny. Most of the doom & gloom kooks have much more cash salted away than the credit card millionaires. Most of the doom & gloom kooks have the title to their homes secure in their own hands while the credit card millionaires don’t ever expect to own their homes. Funny, isn’t it?