Lots of doom and gloom "economists." They yell it for 5-10 years, then a slump or recession finally hits and they go SEE??
No different than any other speculator who only points out when they are finally right, ignoring all the times they were wrong.
Peter Schiff loves to point out how he "predicted" the last recession, and he's been predicting another for some time again. He was predicting the last recession for years, and has been predicting the next already for years.
When the next one comes, he'll go "SEE!!??" again.
In reality, and some might argue he does this, he should instead be not pointing out how is predictions were "correct" and "Timely," but should be using these recessions to show why the debt-based monetary supply doesn't work. He likes to toot his own horn too much though and the more important, prove-able, point is often missed.
No different than any other speculator who only points out when they are finally right, ignoring all the times they were wrong.
Peter Schiff loves to point out how he "predicted" the last recession, and he's been predicting another for some time again. He was predicting the last recession for years, and has been predicting the next already for years.
When the next one comes, he'll go "SEE!!??" again.
In reality, and some might argue he does this, he should instead be not pointing out how is predictions were "correct" and "Timely," but should be using these recessions to show why the debt-based monetary supply doesn't work. He likes to toot his own horn too much though and the more important, prove-able, point is often missed.
So true. If you keep saying that the inevitable will happen, then you can be proud of yourself for predicting it when it actually happens.
[...]If the crisis will happen, it will be good for bitcoin I think. People will use it as safe haven asset.
Will they use it as safe haven? All I see recently is that if there is some big outside market movement the price falls by 70-100$. 
