The article was and still is mostly right:
http://www.economist.com/opinion/PrinterFriendly.cfm?story_i...
U shaped recovery still seems more likely.
http://www.economist.com/opinion/PrinterFriendly.cfm?story_i...
U shaped recovery still seems more likely.
Given that at that point a serious depression was pretty much ruled out as well, he basically said that all possible responses were, in his opinion, possible... and then people read it and thought "wow, that horoscope was totally correct."