ClaimsJeremy Grantham

“In doing so we are probably condemning ourselves to another serious financial crisis in the not-too-distant future.”

Jeremy Grantham, GMO quarterly letter author October 2009 Jeremy Grantham GMO letter 3Q 2009: Just Desserts and Markets Being Silly Again (Scribd)

This quote could not be matched word for word to the source page.

Prediction Economics and markets

By failing to learn from the crisis, the US is probably condemning itself to another serious financial crisis in the not-too-distant future.

Unresolvable The public record could not settle it.

Prediction: Statements about events outside the person's control, checked once they fell due: did they come true?

Said for an organisation they lead or work for; it counts on both records.

Reasoning

"Not-too-distant future" is vague and has no horizon, so it cannot be tested.

Cite this claim

Jeremy Grantham, “By failing to learn from the crisis, the US is probably condemning itself to another serious financial crisis in the not-too-distant future.” (said October 2009). Verdict: unresolvable. Reliability API, claim c_66fa9d2603a3, method 0.1.0+28da144b, dataset release v1.1.2. https://epistacklabs.com/claims/c_66fa9d2603a3

This claim is in dataset release v1.1.2, with the same verdict.

Reply to this claim

For Jeremy Grantham, or someone speaking for them: a correction or counter-evidence. Replies are read before anything is shown; an approved reply shows your name, role, date, statement and link. Your email address is never shown and is deleted 30 days after the decision (privacy).

More prediction claims by Jeremy Grantham

  1. Resolved false Prediction January 2023
    “we can conclude that the final low for this market might be well into 2024.”

    The final low of this bear market might come well into 2024.

  2. Mixed Prediction January 2023
    “near certainty it was a year ago, is much more likely than not.”

    A continued market decline of at least substantial proportions is much more likely than not.

  3. Mostly false Prediction January 2023
    “after a bloodbath is not unusual and may very well not outlive January.”

    The January 2023 rally may well not outlive January.

  4. Mostly true Prediction January 2023
    “may help to support the market for a few more months.”

    The Presidential Cycle's positive influence may help support the market for a few more months.

  5. Resolved true Prediction 31 August 2022
    “Each cycle is different and unique—but every historical parallel suggests that the worst is yet to come.”

    Grantham says historical parallels suggest the worst of the current market downturn is still to come.

All of them

Verdicts are made automatically; how verdicts are made.