My two big, bad calls on the economy and stock market

By Michael Pascoe
Updated October 19 2017 - 3:48pm, first published 3:43pm
Traders on the dealing floor of the Westpac Bank in Kent Street, Sydney, watch as the Australian sharemarket continued its downward slide, crashing to its largest one-day fall in more than 18 years as more than A$104 billion was wiped off Australian stocks as panic selling gripped investors, 22 January 2008.
SMH Picture by PETER MORRIS
Traders on the dealing floor of the Westpac Bank in Kent Street, Sydney, watch as the Australian sharemarket continued its downward slide, crashing to its largest one-day fall in more than 18 years as more than A$104 billion was wiped off Australian stocks as panic selling gripped investors, 22 January 2008. SMH Picture by PETER MORRIS

Unsurprisingly, the 30th anniversary of the Crash of '87 really has nothing new to add to what was written for the 25th anniversary and the 20th and so on before it.