This makes me think of how people point to Nostradamus' predictions to demonstrate his reliability and provide fodder for talk of gloom and doom.
I also don't believe the prophecies of St. Malachy.
Economists are more scientific than looking into a bowl of water, but still it's all hookum. It's looking into an astrological chart to find signs and then using 20/20 hindsight to confirm one was right.
H/T: Le Minarchiste Québécois