Posted: Mar 01, 2010 6:49 am
Lucid Anomaly wrote:alienpresence wrote:Just thinking how the predictive element of economic forecasts always seems to happen after a market event? I know this is probably a silly idea since all our lives depend on a stable fiscal system. What if the 'economy' was just so much astrology and oil?
Suicide. And plenty of it!
Yes, I was thinking along those lines. Disrupt the flow of oil and all you'd have is astrology (and a few nukes left over from the oil-period). I guess anything can be called a science but I'm still not convinced about economics. There's too much money involved for it not to be corrupted by woo all the time. I like all these curves and graphs and numbers, love the exponentials - their all over the shop, but I'm still not sure. Far too many rely on Eliot Waves and that kind of thing.
