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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?


To: carranza2 who wrote (25328)12/9/2009 4:08:00 AM
From: axial  Respond to of 71474
 
So true. Asimov anticipated probabilistic prediction of mass behavior in his Foundation Trilogy a half-century ago; he called it psychohistory.

Today many seek to realize his vision: Asimov’s Vision Psychohistory, or Sociophysics?

books.nap.edu

Economics is no more predictive of human behavior than psychology. They are both pseudosciences: observation and attribution without an accepted and scientifically unified framework.

---

"As trust and confidence are progressively lost, I am expecting (in roughly this order due to differing time lags) ever-increasing increasing risk aversion, progressively less liquidity, enormous financial losses, angry recrimination leading to witch hunts of those who have been particularly successful at the expense of others, xenophobic persecution and demonization of other cultures, the election of populists prepared to play the blame-game at great cost to everyone, and finally war."

Yes.

What Happens Next: A Timeline for Civilizational Collapse

blogs.salon.com

Jim