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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: Real Man who wrote (87436)10/8/2007 8:52:57 PM
From: stan_hughes  Read Replies (3) of 110194
 
No kidding. Westernized humans have now developed almost a full reliance upon their machinery to do their thinking -- it's a very modern form of dependency -- ask anyone beyond age 12 the last time they attempted to solve a math problem without resorting to a calculator. The best part (for them) is that they don't even need to understand how a calculator works, they only need to know how to operate one.

Those 12-year-olds come to believe that the answer provided is correct and that the calculator is infallible. Later some of the 12-year-olds grow up to find themselves running hedge funds, where a black box program they similarly don't understand does all their thinking and makes all their trading decisions. Nobody below a certain age finds any of this situation unusual.

It should be fairly obvious where I see this is all headed
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