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ChewingGrass

Economists in crisis as they realise they have no trousers on

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https://www.theguardian.com/business/2017/jan/05/chief-economist-of-bank-of-england-admits-errors

The problem with economic forecasting is there is money involved so it is always going to be wrong otherwise nobody in the financial world would make significant gains as it would all be effectively neutered. Haldane; "The problem came when the world was tipped upside down and those models were ill-equipped to making sense of behaviours that were deeply irrational.”

So there, its all the plebs fault again.

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On 05/01/2017 at 10:48 PM, ChewingGrass said:

https://www.theguardian.com/business/2017/jan/05/chief-economist-of-bank-of-england-admits-errors

The problem with economic forecasting is there is money involved so it is always going to be wrong otherwise nobody in the financial world would make significant gains as it would all be effectively neutered. Haldane; "The problem came when the world was tipped upside down and those models were ill-equipped to making sense of behaviours that were deeply irrational.”

So there, its all the plebs fault again.

Just another case of a brainless little sh1t who life is wasted on because he's unable to grasp the concept of seeing value in anything other than money. What sad, shallow lives these people must lead.

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On 1/5/2017 at 10:48 PM, ChewingGrass said:

https://www.theguardian.com/business/2017/jan/05/chief-economist-of-bank-of-england-admits-errors

The problem with economic forecasting is there is money involved so it is always going to be wrong otherwise nobody in the financial world would make significant gains as it would all be effectively neutered. Haldane; "The problem came when the world was tipped upside down and those models were ill-equipped to making sense of behaviours that were deeply irrational.”

So there, its all the plebs fault again.

...no...positive disrupters are changing the EU/UK for the better ...lead on MacDuff.....!....:rolleyes:

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