lacking expected timing or severity. http://www.bloomberg.com/apps/news?pid=20601085&sid=aGSJzqaJm_b0&refer=europe
so was he short the market?
No, but he was long on desperation and people’s need to cling to tradition.
I have heard this so many times in my life, that it hardly qualifies as a prediction. money vanishes, it is nothing'' and warned that the only solid reality is the word of God.’’