The Bank of England's Chief Economist has admitted that his 'profession' is in a pickle when it comes to forecasting, having largely missed the Credit Crunch and overstated the initial impact of Brexit. It seems economists are not alone. The pollsters made a horlicks of the General Election, Referendum and Presidential Election. The EU made a right rick when it created the Eurozone and goodness knows how many politicians, past and present, have made a right mess of judging the future.
So, why is it so stupid to take the word of 'experts' with a grain of salt when it comes to foreseeing the future?
Estranged Son and Future Granddaughter
To think that London, or anywhere else for that matter, does not belong to any one demographic