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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: tonto who wrote (28519)	3/22/2005 5:18:25 PM
From: GraceZ	Read Replies (4) \| Respond to of 306849

Econ doesn't help anyone predict the future because the future is unknowable. The best you can do is learn about what idiotic ideas, that sounded so good at the time, have been tried numerous times to disastrous results.

To: tonto who wrote (28519)	3/22/2005 8:30:18 PM
From: X Y Zebra	Respond to of 306849

One of my econ professors asked the class who wants to learn econ so that they can project into the future? Most of the class raised their hands. He advised, sorry, we are only historians. If we knew more we would not have the problems that we have...he was brilliant. -lol.... economists are refugees of astrology or voodoo schools who did not quite made the grade, and so they try, like failed weathermen, to 'forecast' what is impossible to forecast, for one, because in their infinite effort to graph and table everything in sight they exclude the many times unpredictable human behavior from their calculations -in spite of their claims to the contrary by saying they do include it in some alien and strange calculation and say it is so included... well, just because... i believe they call it chaos theories or the like... * only one needs to take a peek at their record * professors, likewise, seek refuge in their unchallengeable shield provided by the towers of the academia sandcastles to wield their potentate-like lectures... it is the day to day businessman who ought to be enshrined and seek their wisdom as to what the future may hold in matters that affect everyone's pocketbook, namely 'the economy'; that is, assuming there is such thing as believable forecasting. so a 'professor of economics' is as believable as a voodoo medicine man... except that the 'believers' actually do believe. [like religion followers and men-in-he-sky-theories are equally believable] the reason economists hold such a high ranking in this society is because they are the allies (and indeed voodoo medicine men) of politicians. politicians, like street walkers, will peddle their promises (aka bullshit) in the best dress they can. economists are the tailors of choice, making their dozing verbiage so sleepy prone that the public in their increasing ignorance and prone to be 'willing to be led to safety' from non-existent threats, believe any rubbish is fed to them... it does not help that economists will complicate anything they can in their egomaniac pursuit of public recognition, aided by dishonest politicians, who will use any tool they can to accomplish their own secret agendas, regardless of their stated, promise to protect public welfare... of course, everything is explained when the same society has enshrined psychiatrists as the 'voodoo medicine man' who presumably cure the illnesses of the mind. Dr. Zoloft, Dr. Pro-zap and Nurse Diesel will cure the depressions and frustrations caused by the killer combo of politicians and economists, who are at the helm of this crazed ship... if the inmates are in charge of the asylum... the rest comes easy... oh yeah, i almost forgot... there is a real estate bubble... -g