Friday, April 10, 2009



The Worst Financial Predictions, One Year On
By Anselm Waldermann
Politicians, economists, finance ministers -- the economic crisis took almost everyone by surprise. A year-later review of prognoses from last spring reveals many experts and political leaders who underestimated the problem, as well as some who didn't. SPIEGEL ONLINE presents a gallery of conventional wisdom.

... sorry, we knew things were bad ...
... but we did not expected them ...
... to be this bad ...
... also the "official information" ...
... was deceiving ...
... so it would be advisable not to get hopes up ...
... about a prompt "recovery" ...






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