Steve's barking economist are not prophets

Now and then on the boob tube I hear some overly made up person complain how come (name a famous economist) didn't know that the economy was going to tank in '08?
Well that famous economist may have said beware of this or that(housing bubble,. oil too high).
The problem with making economic predictions is that there are too many variables to be 100% accurate.
Now hold that thought, I seem to remember that almost everyday I see an advert on this contraption that I'm typing on claiming that he's this here economist that foresaw the collapse of the housing market, and the almost destruction of our financial system.Now this dude claims that the worst is yet to come. He even made a video claiming that the dollar would be worthless, and other financial calamities will befall on us, and he being this great economist, prophet knows the secret of survival.
Now he's not the only one who knew that the housing market would collapse. The majority of the people I know would tell me that (though some changed their minds when it didn't collapse right away).I've been preaching on the fact when oil prices are too high the economy suffers. I'm not the only one who worries about naked derivaties, and there were people myself included who wanted to short the little bundle of joys packaged morgages.
The idiot down the block, who can't spell cat suspected something wasn't right.


Now I know alot of people blame Allan Greenspan for the collapse of the economy. even though he worried about the increasing importance of derivates in large banks.Didn't the man worry of irrational exuberants.

Now I'm strating to sound like Allen Greenspan, completely incoherent.