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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Broken_Clock who wrote (242665)3/29/2010 6:49:45 PM
From: neolibRead Replies (2) of 306849
 
As rootwad stated, now we have financial armageddon. Hooray for science!

I contend that our understanding of economics is in fact making this "financial armageddon" less of a disaster than it could have been. I know that is not a popular view around here. Further, we learn from it and do even better next time. IMHO, most of the problems this time around stem from one individual holding ideological views rather than looking at evidence, and even he has recently decided he can now see bubbles prior to them popping. Change does happen.

We have more efficient mass methods of killing each other off. Hooray for science!

IIRC, the worst recent mass killings (1M or so) were largely done with machetes or the equivalent (Rwanda). While certain areas of science & tech do indeed hand us better tools of destruction, other areas (social sciences) have also taught us to behave better.

We know plenty about STD's. Yet we are taxing ourselves to stop the epidemic. Hooray for science!

I'm not sure what you mean here. Certainly our knowledge of STD's helps us better to fight their spread. Willful ignorance like seen in high places of South Africa in AIDS denialism seems more like the problem to me.
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