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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: Oblomov who wrote (89236)	10/26/2008 9:47:54 PM
From: koan	Read Replies (1) of 116555

>> koan: >>Both know they do not know what to do, but one of them will obtain the best minds in the country to figure out what is the best approach to take. Oblomov: ""Something tells me that your "best minds" will lack the forbearance and wit to simply recommend "do nothing". But this flaw is what makes people admire them."" Using logic, your statement above assumes you know the correct answer, and others do not. In fact the way it is presented you seem without doubt. I do not think anyone really knows what to do. So it becomes a problem which will have to be solved using present information. A smart president will approach it like building an atom bomb. You get the best minds and let them chew into the problem. That is how I would approach it. And anyone who was sure they knew the answer could give their theory and the "group" would assess that theory along with other ideas. The failure of the last eight years has been a failure of relying on untested ideology. Well tested and failed. I like taking the scientific approach. Test the hypothesis and think things through.

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