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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.93-1.8%Nov 14 4:00 PM EST
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To: Snowshoe who wrote (4075)2/9/2006 7:38:17 AM
From: elmatador  Read Replies (1) of 217768
 
What if economics is wrong? stop being hooked on economics!!! This -pseudo-science was devised by hungry, poor, resource depleted Austrians and Scottish people!!

We live in a world of riches, overcapacity and plenty. We've got lots and lots of stuff. When you see someone lacking that said stuff, is because they don't have the money to buy it. Not because the stuff is not availbale.

Any country that goes out of the line and violate quite a few single "laws" of economics is in his way to be beat the others.

There are facts that govern economics. supply and demand, price meachanisms. But economics is not something that we should strictly adhere to and used as the Gospel.

I told TJ, the subversives will enrich themselves at the cost of the Shiites fundamentalists that will follow the strict guidelines....

Were I was? Oh! biodiesel: The idea in Brazil is to have 5% of Diesel supplied by bio-disel and then go from there.

In the next 50 years demand and supply picture will change dramatically. Small cars, older people, middle class shrinkage... It is a million little tiny causes that will make the whole picture changes.

I am telling you guys that because I have been through a revoltuion in my profession building telecoms networks. And I have seen how the mighty have fallen. How many studies proved to be worng, and how people don;t even talk about the changes and are in shock.

CONCLUSION:

Throw away the old truths and conventional wisdoms they are not good guides. They are pointing to the right directions.
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