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Re: Bad Economic Predictions
Posted: Thu Jun 04, 2026 9:07 am
by Leisher
GoPro is teetering on the brink.
It was a really niche market. I don't think they knew that though...
Re: Bad Economic Predictions
Posted: Thu Jun 04, 2026 10:25 am
by TheCatt
It was (is?) the dominant product in that category, it was awesome. Guess knockoffs have come for it.
Re: Bad Economic Predictions
Posted: Thu Jun 04, 2026 1:07 pm
by Leisher
Knockoffs and laziness really.
I wonder if they had the foresight to do dashcams, if they'd be more profitable now.
Re: Bad Economic Predictions
Posted: Thu Jun 04, 2026 1:19 pm
by Leisher
Re: Bad Economic Predictions
Posted: Tue Jun 09, 2026 9:47 am
by Leisher
I don't remember his stance, will this make Gordon right?
Re: Bad Economic Predictions
Posted: Tue Jun 09, 2026 2:08 pm
by TheCatt
Gordon thought the economy would enter a depression. Not just a recession. He thought the economy had fundamentally changed, would never heal, etc.
I do not think he was right, or that this would make him right.
Economists have called 17 of the past 3 recessions.
Re: Bad Economic Predictions
Posted: Tue Jun 09, 2026 4:57 pm
by Leisher
TheCatt wrote: Tue Jun 09, 2026 2:08 pm
Economists have called 17 of the past 3 recessions.
I laughed.
Re: Bad Economic Predictions
Posted: Tue Jun 09, 2026 5:28 pm
by TheCatt
Leisher wrote: Tue Jun 09, 2026 4:57 pm
TheCatt wrote: Tue Jun 09, 2026 2:08 pm
Economists have called 17 of the past 3 recessions.
I laughed.
This one isn't as good. But, how do you get 3 opinions on the economy? Ask 2 economists.