By using this site, you agree to our Privacy Policy and our Terms of Use. Close
Soleron said:

If anyone knew in advance, for certain, that the economic collapse was going to happen on X day and fold out in a certain way, they could have made billions out of it. There are ways with financial instruments to make money out of decreasing prices (see short selling).

The fact that the predictor didn't do this shows that they were either guessing or not confident enough to put money behind their prediction.


If do some research into insider trading you'll learn that on September 15, people did make money cause they had advance foreknowledge of the crash..not only that, they caused the crash by that very foreknowledge.