Six Reasons Another Financial Crisis Is Inevitable

[JoePhilly]

3. My prediction ...

Prediction Part 1: We'll see no less than bi-yearly predictions of another collapse over and over again, right up until the next collapse actually occurs.

Prediction Part 2: And those who had been predicting the next collapse will say "See, we told you so." ... while ignoring all of the prior predictions that were wrong.

We've had predictions of another collapse no less than once a year since 2009, usually more frequent.

During the first 3 years of the Obama Presidency, each summer, a DOUBLE-DIP recession was predicted.

Now that we've entered Obama's second term, its clear there was no DOUBLE DIP, and instead the DOW has DOUBLED.

Sad news for those who invested based on those double dip predictions. They probably sold when the DOW was under 8,000.