
The world has been shaken by the global financial crisis. When did you first notice that it was about to start and what were the signs?
I would say that we have been pointing out the risks that were creeping into the benign credit environment from mid-2006 onwards. Dow Jones Newswires’ The Skeptic column (which is now Heard on The Street) has been one of the initial forecasters of the looming crisis. We’ve been watching key metrics like construction numbers, arrears, mortgage applications etc.