What really gets me is some of the top economists and "financial gurus" who laughed when a couple of years ago , many of the more forward thinking and realists said that there would be a ressesion, the "bubble would burst" and it would be as bad as it has turned out.
Here is a perfect example, here is Peter Chiff being publicy mocked and laughed off air when he predicted EXACTLY what is happening in the world today.
LiveLeak.com - PEOPLE LAUGHED IN 2007 ...
Its a bit like the "Doctor" syndrome, we put our trust in their dignosis because after all, they are a Doctor, why would we question it, they are the experts.
Point being there are good and bad in every proffesion and sometimes we should question why they have that opinion or have made that decision if something inside is saying, that just doesnt make sense!. its easy for us all to be influenced by a individual or organisation who portrays superior knowlege or experience just to go along with it. I think many of us have benifited from the good times and not rerally wanted to beleive what was about to happen.
At least they recognised that fact years ago in aviation with the advancements in CRM!!.