GARY SHILLING
(A. Gary Shilling)
This quote is often misattributed to John Maynard Keynes. See linked quote.
A. Gary Shilling is an American financial analyst and commentator who appears regularly in publications such as Forbes, The New York Times, and The Wall Street Journal. He is president of A. Gary Shilling & Co., Inc., editor of A. Gary Shilling's Insight, and a member of the Nihon Keizai Shimbun Board of Economists. He is featured frequently on business shows on radio and television, and as a recognized orator, addresses conventions of global business groups like the Young Presidents' Organization. More than two years before the housing bubble burst, Shilling warned that subprime loans were probably "the greatest financial problem" for the future U.S. economy, and in January 2006, prior to the Great Recession, he wrote an article entitled: “The Housing Bubble Will Probably Burst”. In 2007 he correctly prophesied that housing would "sink the economy”.
