{"id":2580294,"date":"2026-03-16T10:53:00","date_gmt":"2026-03-16T14:53:00","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/economist-who-predicted-2008-and-2020-crashes-prepare-for-ai-meltdown\/"},"modified":"2026-03-16T10:56:21","modified_gmt":"2026-03-16T14:56:21","slug":"economist-who-predicted-2008-and-2020-crashes-prepare-for-ai-meltdown","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/economist-who-predicted-2008-and-2020-crashes-prepare-for-ai-meltdown\/","title":{"rendered":"Economist Who Predicted 2008 and 2020 Crashes: &#8216;Prepare for AI Meltdown&#8217;"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">22<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Feconomist-who-predicted-2008-and-2020-crashes-prepare-for-ai-meltdown%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=2580294&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><p>An advertorial from The western Journal features a renowned economist who claims to have correctly predicted major stock-market crashes in the past, including the 2008 meltdown just weeks before Lehman Brothers collapsed and the Covid-related market drop. The piece now warns of an AI-driven market meltdown, likening it to the dot-com bust and suggesting the most important AI company could go bust, causing a ripple that could crater the AI industry and send markets into a much larger decline than Lehman. It urges readers to take five steps to prepare and promotes a sponsored message rather than <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/republican-debate-dana-perino-says-trump-skipping-again-a-missed-opportunity\/\" title=\"Dana Perino laments Trump&#039;s absence at Republican debate, sees it as a missed chance.\">personalized <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/crypto-platforms-tap-floyd-mayweather-kim-kardashian-tiktok-stars-for-ad-campaigns\/\" title=\"Crypto Platforms Tap Floyd Mayweather, Kim Kardashian, TikTok Stars For Ad Campaigns\">financial advice<\/a><\/a>. The article clearly labels itself as sponsored content, includes a Disclaimer about informational purposes, and contains a correction-submission form and <a href=\"https:\/\/amzn.to\/3YuVZYV\" >advertising pitches alongside standard sponsor disclosures<\/a>.  <\/p>\n<p class=\"readmore\">\n    <button onclick=\"showReadMore()\" id=\"readmorebtn\">Read more&#8230;<\/button>\n<\/p>\n<hr id=\"line\">\n<span id=\"more\"><\/p>\n<p><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><?xml encoding=\"utf-8\" ?><\/p>\n<section>\n<p><em>Note: The information provided here or in any <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/anti-racists-behind-school-enemies-list-now-gathering-info-on-children-as-top-prosecutor-joins-in\/\" title=\"\u2018Anti-Racists\u2019 Behind School Enemies List Now Gathering Info On Children As Top Prosecutor Joins In\">related communications<\/a> is for informational purposes only and should not be considered as financial advice. We do not provide personalized investment, financial, or legal advice. The Western Journal benefits from purchases made through our sponsors.<\/em><\/p>\n<h3>Whenever this man issues a stock market warning &hellip;<\/h3>\n<h3>You should stop and listen, because &hellip;<\/h3>\n<h3>He&rsquo;s the famous economist and best-selling author who predicted the two biggest stock market crashes of the last two decades.<\/h3>\n<h3>He predicted the 2008 meltdown &hellip;<\/h3>\n<h3>Just three weeks before Lehman Brothers imploded and the stock market collapsed &hellip;<\/h3>\n<h3>And he predicted the Covid meltdown &hellip;<\/h3>\n<h3>Again, just three weeks before the <a href=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/watch-joe-bidens-senior-moment-of-the-week-vol-11\/\" title=\"WATCH: Joe Biden\u2019s Senior Moment of the Week Vol. 11\">stock market suffered<\/a> the fastest drop in history.<\/h3>\n<h3>He&rsquo;s now predicting <a href=\"https:\/\/pro.paradigmnewsletters.org\/m\/2513427\" target=\"_blank\" rel=\"noopener\"><b>we&rsquo;re about to see an AI meltdown of historic proportions &hellip; <\/b><\/a><\/h3>\n<h3>Similar to what happened in 2000 during the dotcom bust &hellip;<\/h3>\n<h3>When the stock market crashed almost 80% &hellip;<\/h3>\n<h3>Ruining the retirement of millions of Americans.<\/h3>\n<h3>In short, he believes the most important AI company in the world is about to go bust &hellip;<\/h3>\n<h3>In a meltdown that will be 10 times bigger than Lehman Brothers &hellip;<\/h3>\n<h3>&hellip;. sending a ripple effect through the market that could crater the entire AI industry.<\/h3>\n<h3>And he&rsquo;s warning everyone to <a href=\"https:\/\/pro.paradigmnewsletters.org\/m\/2513427\" target=\"_blank\" rel=\"noopener\"><b>take these five simple steps to prepare. <\/b><\/a><\/h3>\n<p><em><strong>Sponsored content is a service paid for by an advertiser and produced by Liftable Media.<\/strong><\/em><\/p>\n<div style=\"position: relative;\">\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<div class=\"entry-submit-correction inner-content\">\n<div class=\"correction-form\">\n<form style=\"display: none;\">\n<div class=\"sc-name-field\"> \t\t\t\t\t\t<label>* Name<\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"name\" required> \t\t\t\t\t<\/div>\n<div class=\"sc--field\"> \t\t\t\t\t\t<label>* <\/label> \t\t\t\t\t\t<br \/> \t\t\t\t\t\t<input type=\"text\" name=\"\" required> \t\t\t\t\t<\/div>\n<p> \t\t\t\t\t<label>* Message<\/label> \t\t\t\t\t<br \/> \t\t\t\t\t<textarea name=\"message\" required><\/textarea> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"required-message\" style=\"display: none; padding-bottom: 15px;\">* All fields are required.<\/div>\n<p> \t\t\t\t\t<input type=\"submit\" value=\"Submit\" onclick=\"event.preventDefault(); firefly_sc();\"> \t\t\t\t\t \t\t\t\t\t<\/p>\n<div class=\"firefly-sc-confirm\" style=\"display: none;\">Success!<\/div>\n<\/p><\/form>\n<\/p><\/div>\n<\/p><\/div>\n<p> \t\t<script> \t\t\tfunction firefly_sc() { \t\t\t\tif( typeof window.captchaPublicKey==typeof undefined ){ \t\t\t\t\tconsole.error('window.captchaPublicKey is not defined'); \t\t\t\t} \t\t\t\tgrecaptcha.execute( window.captchaPublicKey, { action: 'submit_correction' } ).then( function( token ) { \t\t\t\t\tvar opts={ \t\t\t\t\t\taction:    'firefly_sc_submit', \t\t\t\t\t\tname:      document.querySelector( '.entry-submit-correction [name=\"name\"]' ).value, \t\t\t\t\t\t:     document.querySelector( '.entry-submit-correction [name=\"\"]' ).value, \t\t\t\t\t\tmessage:   document.querySelector( '.entry-submit-correction [name=\"message\"]' ).value, \t\t\t\t\t\tpost_id:   firefly_post_id, \t\t\t\t\t\tcap_token: token \t\t\t\t\t}  \t\t\t\t\tvar inputs=[ 'name', '', 'message' ];  \t\t\t\t\tfor( var i=0; i <inputs.length; i++ ) if( ! ( opts[inputs[i]]=document.querySelector( '.entry-submit-correction [name=\"' + inputs[i] + '\"]' ).value ) ) { \t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .required-message' ).style.display='block'; \t\t\t\t\t\treturn; \t\t\t\t\t}  \t\t\t\t\tdocument.querySelector( '.entry-submit-correction input[type=\"submit\"]' ).style.display='none'; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).src=firefly_loading_gif_url; \t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='inline-block';  \t\t\t\t\tconsole.log( 'ma subbing' );  \t\t\t\t\tif( firefly_post_id ) opts['post_id']=firefly_post_id;  \t\t\t\t\t\/* Send the data using post with element id name and name2*\/ \t\t\t\t\tvar posting=jQuery.post( firefly_ajax_url, opts );  \t\t\t\t\t\/* Alerts the results *\/ \t\t\t\t\tposting.done( function( response ) { \t\t\t\t\t\tif( response.success ) { \t\t\t\t\t\t\tconsole.log( response.data ); \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-submitting-img' ).style.display='none'; \t\t\t\t\t\t\tdocument.querySelector( '.entry-submit-correction .firefly-sc-confirm' ).style.display='block';  \t\t\t\t\t\t\tdataLayer.push( { 'event': 'submit-correction' } ); \t\t\t\t\t\t} \t\t\t\t\t}); \t\t\t\t}); \t\t\t} \t\t<\/script> \t     \t\t\t\t\t\t     \t\t\t\t\t<\/div>\n<p style=\"border: 1px solid #f5f5f5; padding: 16px;\">Advertise with The Western Journal and reach millions of highly engaged readers, while supporting our work. <a href=\"https:\/\/www.westernjournal.com\/advertise-us\/?wj_source=article\">Advertise Today<\/a>.<\/p>\n<div class=\"ff-fancy-header-container\"> \t\t\t \t<\/div>\n<\/section>\n<p><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Please note that the information on this page and in related communications is intended for informational purposes only and should not be viewed as financial advice. We do not offer personalized investment, financial, or legal guidance. The Western Journal earns revenue from purchases made through our sponsors. Whenever this particular market commentator issues a warning, you should pause and pay attention, because he is a well-known economist and best-selling author who has forecast the two biggest stock-market crashes of the past twenty years. He accurately predicted the 2008 meltdown-just a few weeks before Lehman Brothers collapsed and the market fell-and he also foresaw the Covid-related drop, again just weeks before the market\u2019s fastest decline in history. He is now predicting an AI-driven crash of historic proportions, reminiscent of the dot-com bust of 2000, when the market plunged by about 80% and millions of Americans saw their retirement plans at risk. In his view, the most important AI company could fail, triggering a market meltdown ten times larger than Lehman Brothers and sending ripple effects through the market that could devastate the entire AI sector. He urges readers to take five simple steps to prepare. This is sponsored content funded by an advertiser and produced by Liftable Media<\/p>\n","protected":false},"author":1,"featured_media":2580295,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2026\/03\/Sponsored-AI-Meltdown.jpg","fifu_image_alt":"","footnotes":""},"categories":[33651],"tags":[75886,13919,75884,75885,11379],"class_list":["post-2580294","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-the-western-journal","tag-ai-meltdown","tag-economist","tag-financial-crisis-2","tag-market-crash-2","tag-predictions"],"fifu_image_url":"https:\/\/www.westernjournal.com\/wp-content\/uploads\/2026\/03\/Sponsored-AI-Meltdown.jpg","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2580294","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=2580294"}],"version-history":[{"count":3,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2580294\/revisions"}],"predecessor-version":[{"id":2580298,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/2580294\/revisions\/2580298"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2580295"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=2580294"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=2580294"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=2580294"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}