Home > financial crisis, unemployment > They told us so

They told us so

from David Ruccio

The pundits and politicians seem surprised when civil unrest breaks out amidst the wreckage of the current crises and the imposition of increasingly severe austerity plans. But, as Barry Ritholtz reminds us, we were warned.

We were warned, back in 2008 and 2009, by: 

and many more. . .

They told us civil unrest might break out—but only a few of us were listening.

  1. August 19, 2011 at 12:55 pm

    There is a reason these people look so prescient. This IS 2008, a re-run, from the commodity bubbles down to the financial crises. We didn’t fix anything, so we have to do it again.

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