CNBC provides a list of the worst financial predictions of 2012. Among them: Facebook would turn...
CNBC provides a list of the worst financial predictions of 2012. Among them: Facebook would turn in a great IPO; China would see a hard landing; Greece would leave the eurozone; the U.S. bond bubble would burst, and the U.S. would see a double-dip recession. Among the reasons Cullen Roche thinks the predictions flopped: Europe is too interdependent to let Greece walk, the U.S. government has no insolvency risk, and "everyone wants to predict the next big financial crisis."
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