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.
And, to make things interesting, contributors will be entered into a quarterly competition and given the chance to win fine champagne or wine.
We run a quarterly competition to find the best 'Foot in mouth' comment submitted by you, our loyal followers.
For your chance to win an exclusive bottle of vintage champagne or a case of wine (winner's choice) submit your favourite 'foot in mouth' comment here »
The Federal Reserve is not currently forecasting a recession
Quote by: Ben Bernanke
Quote made on: 2008
Quote Submitted by: Financial Foot in Mouth
Source: U.S. Federal Reserve
“The Federal Reserve is not currently forecasting a recession.” (Ben Bernanke, again, on 10 January 2008)
Not an unreasonable statement, disregarding widespread toxic financial instruments.
Loading ...Published on: November 22, 2010
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.
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