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


To: ggersh who wrote (27532)3/19/2010 3:47:31 PM
From: NOW2 Recommendations  Respond to of 71454
 
i notice this in a number of financial writers these days: the talking points get louder and louder. $$$



To: ggersh who wrote (27532)3/19/2010 5:32:34 PM
From: marcher  Read Replies (1) | Respond to of 71454
 
"...saying the same thing over and over doesn't make it right..."

economic research finds reputation is relatively easy to harm. repetition of what harms a reputation (unions, etc.) is an effective persuasion technique.

attacks on reputation are effective, even if the attacks are not based on fact (friedman: "actual or perceived"). this is tied to 'avoidance of risk,' primary to human decision-making.



To: ggersh who wrote (27532)3/21/2010 10:44:20 AM
From: axial  Read Replies (1) | Respond to of 71454
 
That's a pretty good summary of how it went.

We've all got theories on this crisis, and who or what is at fault. You can look at it from many viewpoints: moral, financial, interest-based, social, psychological, economic and so on. Despite many different opinions, forecasts and theories, I think we're all students of this crisis - most would concede they're not certain at all about how it will change, and when. I wish I had a dollar for every forecast that's been wrong so far - and it's not over by a long shot.

It's pretty obvious the Pied Piper doesn't always think rationally, and is prone to highly questionable statements. Sooner or later his following will be reduced, by the number of people who can think for themselves.

Jim