So yes, he did make the call on the current financial malaise. And he did call it for the right reasons. However, I've had him on my feed reader for some time now and I can't say that I agree with much of what he has written since. The guy is a certified hysteric when it comes to the economy (and it doesn't matter whose). I think he was bullied as a child, because he's certainly trying to bully the economy into a recession. You can hear the strain in his writing as he wills a global recession.