Think so? The history of economic forecasts and policies based on that is pretty bad. How often hasn't it been that a CB kept increasing the rate while the economy was already entering a downturn? Or that govt passed tax cuts that only had their effect when the economy was already blossoming again?
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GDP, M&A, EBITDA, P/E, NASDAQ, Econo-thread Part 12
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DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.
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And another thing, if you such an intellectual giant, then how does it come that you can't grasp a simple concept as "irony"?DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.
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Originally posted by Colon
And another thing, if you such an intellectual giant, then how does it come that you can't grasp a simple concept as "irony"?
I have to say in all seriousness I really do do my best in trying to answer any questions that are asked of me, and to answer them without resorting to technical models, which is very hard at times. I do not know why you imply that this is not the case, since I have spent much time doing what I can to help people understand various concepts, and I have to say it is my belief that for the most part I have succeeded in this.
You are, of course, free to disagree with this, just as you are free to disagree with anything you choose. I have never called you or anyone else an inferior being for disagreeing with me..........though I admit freely your seeming belief that a professional economist possesses no more insight than an intelligent but ultimately unskilled layperson is frustrating at times.
No matter, I shall, as I always have, respond to your question above.
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Originally posted by DrSpike
Hehe I know you were just baiting me.......so I responded in kind, as Dan saw.
Insulting someone is one thing, but not having the guts to admit it just makes you look pathetic.
And quit the irrelevant blathering, you're just clogging up bandwidth.DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.
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This is the first time I've ever clicked on an econo-thread, so help the newbie. Are fights compulsory?The genesis of the "evil Finn" concept- Evil, evil Finland
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BTW, Dan, have you received my mail re Japan and another mail I sent a couple of hours ago re car manufacturing?DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.
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Honestly, I thought it was all in good fun. But my brain has trouble discerning, when we get to ^3.
Colon: Re the financing, I got that one. But the Japan one I still don't have in my possession.I came upon a barroom full of bad Salon pictures in which men with hats on the backs of their heads were wolfing food from a counter. It was the institution of the "free lunch" I had struck. You paid for a drink and got as much as you wanted to eat. For something less than a rupee a day a man can feed himself sumptuously in San Francisco, even though he be a bankrupt. Remember this if ever you are stranded in these parts. ~ Rudyard Kipling, 1891
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Originally posted by Colon
Bull****.
Insulting someone is one thing, but not having the guts to admit it just makes you look pathetic.
And quit the irrelevant blathering, you're just clogging up bandwidth.
I remain open to discussion with those who wish it......those who don't can carry on repeating their half-truths and misconceptions in an authoritative manner without ever learning how things really are.
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DISCLAIMER: the author of the above written texts does not warrant or assume any legal liability or responsibility for any offence and insult; disrespect, arrogance and related forms of demeaning behaviour; discrimination based on race, gender, age, income class, body mass, living area, political voting-record, football fan-ship and musical preference; insensitivity towards material, emotional or spiritual distress; and attempted emotional or financial black-mailing, skirt-chasing or death-threats perceived by the reader of the said written texts.
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Originally posted by Lazarus and the Gimp
This is the first time I've ever clicked on an econo-thread, so help the newbie. Are fights compulsory?
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Colon? Is that you?Originally posted by Serb:Please, remind me, how exactly and when exactly, Russia bullied its neighbors?
Originally posted by Ted Striker:Go Serb !
Originally posted by Pekka:If it was possible to capture the essentials of Sepultura in a dildo, I'd attach it to a bicycle and ride it up your azzes.
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Originally posted by DrSpike
Hehe no........just an interest in economic issues and the ability to form cogent analyses of said issues. Where do your interests lie?The genesis of the "evil Finn" concept- Evil, evil Finland
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'Arguing with anonymous strangers on the internet is a sucker's game because they almost always turn out to be - or to be indistinguishable from - self-righteous sixteen year olds possessing infinite amounts of free time.'
- Neal Stephenson, Cryptonomicon
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A bit of good news on the US econ front from my local skirmish...
Corporate bonds have been having a record horrible year, even as govy bonds have been the place to be, until about now.
Corps, especially beaten up varietals, have started to rally rally rally, and managers are finally starting to dump treasuries. Two triggers were the HSBC/Household deal and Moody's affirming Ford's ratings. So there is finally a bid for Corps and the narrowing yield spread is bringing companies to the market, allowing them to refinance/raise debt. Improved cap ex budgets should follow and further the econo recovery. Q4 GDP should beat estimates by 100bp or so, even with the deflator accelerating.
Colon! good to see you around again, you rogue. (though I must have missed something between you and DrSpike... heres hoping it blows over.)Be the bid!
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