BofA presciently got out of these risky mortgages years ago, sensing they'd blow up some day.
And the IMF's economic counsellor, Raghuram Rajan, puts it all too presciently in a new paper.
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These complex problems require comprehensive solutions--solutions that, as Packard so presciently noted, go far beyond writing checks and donating products.
His rather presciently subtitled 2008 book Flat Earth News: An Award-Winning Reporter Exposes Falsehood, Distortion and Propaganda in the Global Media is an excellent, compelling read.
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For those buy-out shops that presciently bought undervalued assets in 2002 and 2003, returns today from selling, floating, refinancing or otherwise liquidating earlier investments have been spectacular.
Although at the time the most popular magazine in America, its leadership realized presciently that it was not in the magazine publishing business, but the content publishing business.
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Robert Shiller, a Yale economist who has presciently issued warnings about overpriced equities and houses, has already suggested that farmland might be the subject of the next bubble.
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Roubini, best known for presciently anticipating the crisis of 2007 and 2008, predicts slightly slower than consensus growth in the coming year foreseeing a growth rate of 2.7% rather than the consensus 3.2%.
It just happened, and Kettmann--perhaps presciently, since he wrote this book long before this year's American League Championship Series--has a hunch that John Henry's Red Sox will break the 86-year-old Curse of the Bambino sooner rather than later.
Five Members of Congress - Republican Representatives Michele Bachmann, Louie Gohmert, Trent Franks, Lynn Westmoreland and Tom Rooney - presciently raised this concern last June, and were roundly criticized for doing so (including by some in their own party).
While warning (presciently) that populism would breed demagoguery and tyranny, Hamilton opposed slavery (establishing the New York Manumission Society), founded a school to educate frontier Indians (now Hamilton College), launched the Bank of New York (1784), argued for a permanent defense (standing army), and extolled the virtue and productiveness of commerce, industry, and finance.
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