by Mike ‘Mish’ Shedlock
Let’s put a spotlight on some of the worst economic predictions in history. Janet Yellen gets the blue ribbon.
Yellen: Not in Our Lifetimes
Please recall Janet Yellen’s June 2017 prediction: “Not Another Financial Crisis in Our Lifetimes”
“Would I say there will never, ever be another financial crisis?” Yellen said at a question-and-answer event in London. “You know probably that would be going too far but I do think we’re much safer and I hope that it will not be in our lifetimes and I don’t believe it will be,” she said.
Flash Forward December 11, 2018: Yellen Warns of Another Potential Financial crisis: ‘Gigantic Holes in the System’