Posts Tagged ‘Financial Crash’

Poor old Michael Fish. When the sad day eventually arrives and the erstwhile BBC weatherman is whisked away to the great big spirit in the sky, passing through all those clouds, whose formations he spent so many long hours analysing, our Mick will be instantly recalled as ‘the weatherman who couldn’t even see a hurricane coming’. Fish’s failure, in 1987, to foresee what would be the worst storm to hit Britain for nearly 300 years will forever taint the thousands upon thousands of reasonably accurate predictions he made before and after his infamous faux pas.

A Meteorologist failing to spot the onset of a storm that would kill 18 and cause millions of pounds worth of damage is, to be generous, a little careless. Fish, however, can take solace from the events of 2007 when not one, but thousands of highly qualified so-called experts failed to spot a storm so destructive, it would affect the entire planet, leaving hundreds of millions of citizens in varying degrees of peril and wiping out entire countries as we knew them. I refer, of course, to the global financial crash. (more…)