Welcome to Financial Foot in Mouth

Unfortunately for our experts, the fact that their predictions may be expressed with admirable conviction does not always make them correct.

I believe the time has arrived for our persuasive forecasters to be held to account for some of their more wayward pronouncements – and, with your help, this website provides the opportunity to do just that.

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Big Share of the Car Market

With over fifteen types of foreign cars already on sale here, the Japanese auto industry isn`t likely to carve out a big share of the market for itself

Quote by: Business Week
Quote made on: 2 Aug. 1968
Quote Submitted by: Financial Foot in Mouth
Source: Business Week

Editor's Notes

And the rest is history – forty years later Toyota`s car production overtook that ofGeneral Motors.

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Published on: July 22, 2010

Crude Oil set to Decline in Price

The standard price of foreign crude oil by 1980 may well decline and will in any event not experience a substantial increase.

Quote by: U.S. Secretaries of the Treasury, State, Interior and Defense
Quote made on: 1970
Quote Submitted by: Financial Foot in Mouth
Source: U.S. Secretaries of the Treasury, State, Interior and Defense

Editor's Notes

Oil prices went up tenfold by 1980.

“The standard price of foreign crude oil by 1980 may well decline and will in any event not experience a substantial increase.” (forecast, signed by the U.S. Secretaries of the Treasury, State, Interior and Defense, in 1970).

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Published on: July 22, 2010