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Can we truly predict the next financial crisis?

Can we truly predict the next financial crisis?
Many claim that are many early warning signs to help predict a financial crisis. If this is true, why were unable to prevent the current financial crisis? Can we help prevent a future financial crisis by using these warning signs?

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    Aug 6 2013: What "next"? When will the present one be over?
  • Aug 6 2013: Probably, but who do you believe? If there is a profit to be made by such knowledge, is there more profit to be made by sending out mis-information or propaganda?

    I think we should make good personal financial decisions and live below our means to the extent that our quality of life is acceptable for happiness, rather than defining our happiness by how much we spend. I think we should be investing in infrastructure, education, and alternative energy development, not special financial options and high risk investments.

    I think this things at a personal level will help avert financial disasters at a national level.
  • Aug 6 2013: Hi Breeanna Geary. There are too much information in our world and market. Some of them are really essential and influential one but others are wrong enough to drive people into unexpected results. There could be a warning to prevent financial crisis. But some people spread wrong information for their own sake. It might be affected by other factors. But I think those I mentioned could be one of the reason:-0
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    Aug 5 2013: all of the financial crises were successfully forecasted and explained by the austrian school of economics.

    btw to be on the lighter side for a bit: there is the skyscraper index, which says that if the highest building record is broken, economic downturn is imminent. funny it may be, it has an actual theoretical basis.
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    Aug 5 2013: if things keep going the way that have (considering that the last crisis changed nothing) then it will be in another 8-10 years, just following the traditional cycle..