Ok this is just too fun to pass up. The FT is reporting that the Queen paid a visit to the London School of Economics (LSE) and asked the economists in attendance the rather whithering question:
Why did no one see it coming?
Yep, that is just how bad the state of the arts is in that profession. The good news I suppose is that they are busy fixing it: the economists and the MBA’s that is. What is the plan? Social credit of course! This would be much more fun if so many innocent people were not getting hurt.
The vision thing
It has been a bad year for economic forecasters. So bad that royalty wants to know what went wrong. “Why did no one see it coming?” Britain’s Queen Elizabeth asked during a visit to the London School of Economics this month.
Her Majesty’s question has sparked a series of ludicrous claims about the prescience of individual forecasters.