The Financial Crisis not only devastated the United States, but the entire world. The global economy is still reeling from the effects of the Crisis. What is particularly vexing to the economics community is that apparently no economists saw it coming. According to the mainstream media, Martin Sandbu and the Financial Times, not one economist predicted the crisis or forewarned the public. Actually, the Financial Crisis was predicted by and documented by African Americans.
Why did economists fail so badly to predict the financial crisis? Read our @FT Rethinking Economics articles to find out https://t.co/Xau45OYSeF
— FT for Schools (@ft4s) March 23, 2018
However, African Americans predicted the Financial Crisis and the next recession. It was documented in Shock Exchange: How Inner-City Kids From Brooklyn Predicted the Great Recession and the Pain Ahead: