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No offense, but I'm so burnt out of this finance crap, everyone is lying, the whole thing is a pointless big casino. Reading anything about finance anywhere is as reliable as reading TASS (or Ukrainian) reports from the war in Ukraine.
Nothing ever is a big deal, then everything comes down and a bunch of flapjacks who caused it are laughing and drinking champagne above the sea of desperate people protesting the whole charade.
Economics is the one issue where I will actively not trust the experts. When so many of them were saying we were going to have a recession, I was starting to get suspicious. And it turned out, we didn't have one, even though so many were so sure of it.
Generally speaking, the experts seem to fall into groupthink and miss the actual trends. I've seen forecasters at some of the biggest oil and gas companies make the stupidest calls ever. They apparently forgot that in a cyclical business, we were due for a bust after a boom. It caught them by total surprise.
Are you talking about 2008?
Yeah, those occupy pictures hit hard.