The Boy Who Cried "Bear!"

For the past five or six years, as the economy has steadily improved, there have been a constant stream of pundits on the television and in the newspapers claiming that a crash is just around the corner.

"The housing bubble is about to burst!"

"We're headed for a depression or at least a recession or at least a slowdown!"

But it doesn't happen. The economy keeps chugging along.

When (hopefully in the distant future), these bearish pundits are finally correct, nobody will believe them. Everyone will have tuned them out. And thus all their predictions will be for naught.

But at least they'll finally get to say, "I told you so."