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Politics : The Environmentalist Thread -- Ignore unavailable to you. Want to Upgrade?

To: miraje who wrote (17766)	11/27/2007 6:41:17 PM
From: neolib	Read Replies (1) \| Respond to of 36921

I suppose you think that forecasting returns from private investments is orders of magnitude simpler than climate science. If Cato's SS "alarmism" had born fruits in Bush's first term, you would currently be witnessing lots of retiree's private investments in "safe" mortgage backed bonds vaporising. I'm under no illusions that economic projections are simple, and that the future is clear. As far as I know, modeling physics is much clearer than modeling psychological behavior. Yet you think predicting future economic behavior is easy. Why are we having a liquidity crisis currently I might ask? If predicting economic conditions in the future is so simple, we should surely have avoided any problems? Whats missing in your world view? You might want to consider that the some total of economic dislocation which may (note the uncertainty there!) well result from the loose monetary policy during the last half decade, is on the order of the cost of converting all our oil consumption to solar power. I think I once pointed out that the same could be said of our misadventures in the ME if you want to look at total costs. Yet you GW bashers are sure that doing anything about GW will "bankrupt" our economies.