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

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Good Shape for the Global Economy

This is far and away the strongest global economy I`ve seen in my business lifetime

Quote by: Hank Paulson
Quote made on: 2007
Quote Submitted by: Financial Foot in Mouth
Source: U.S. Treasury Secretary

Editor's Notes

“This is far and away the strongest global economy I`ve seen in my business lifetime”. (Hank Paulson, U.S. Treasury Secretary, summer 2007).

I guess, with statements like this, we should have all suspected there was something around the corner ready to pounce.  Makes you wonder how long it will be before a business lifetime gives way to retirement and fishing.

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Published on: October 22, 2010

Category – USA Predictions and Gaffes
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What you as the City of London have done for financial services, we as a government aim to do for the economy as a whole.

Gordon Brown - 2002

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