Tyler Cowen asks about the existence of Cassandra's concerning the current financial situation in the US. But Tyler overlooks the warnings we have put forth on this blog, inspired not just by theory, but the practical insights of a very successful businessman in the financial sector Edward Weick. Ed worked for Goldman Sachs for years before opening his own office. Ed has been influenced by the Austrian school, but he is not only an abstract thinker but a man of practical affairs. Ed has been arguing for at least 3 years of the coming crisis, after years of being much more optimistic. The individuals who invest with Ed had very high stakes in being right, and they listened to him about the coming financial collapse and they worked together to protect assets in preparation of the difficult times.