In order to judge a person’s analytical abilities, it is sometimes useful to review their previous assessments. Consider this comment:
The fact is that this is the largest economic boom in the history of the world, and there is no end in sight.
From the standpoint of the United States, we did not directly trigger this event like the expansion in the 1990s, nor did we reach the production capacity in 2000, but it is being realized.
It is simply amazing world prosperity.apart from [sic] It and enjoy the fruit.
This comment comes from a reader Sammy in April 2007, Eight months before the 2007-09 Great Recession/Global Financial Crisis. I provide the reader with a visual aid to evaluate the accuracy of his prediction.
figure 1: The GDP growth rate in fixed U.S. dollars, calculated at market exchange rates,% (blue). Source: International Monetary Fund, World Economic Outlook, April 2021.