Wednesday, May 14, 2008

does anybody really know what time it is?

One kind of expects the soft chewy centre of the astrology/personal growth sections of bookstores to blanch under scrutiny, but it turns out the hard edges of economic forecasting is similarly open to interpretation.

"Today's financial Armageddon writers tend to be a confident group, assuring readers that their theories are ironclad. Some go further and take the opportunity to tell you that they are terrific guys.
Arnold says his concepts are ``unchallengeable.'' Author Stathis, who mysteriously doesn't share his first name with buyers of the book ``America's Financial Apocalypse: How to Profit From the Next Great Depression,'' says on the back cover that his forecasting concepts have been proven ``beyond any doubt.''
William Brussee, author of ``The Second Great Depression,'' asks the question: ``Could this book be completely wrong?'' but dismisses the possibility. ``It is difficult to believe that the premise put forward in this book is completely wrong.''
I'm so glad we got that straight."

A financial guru without a first name?
Suddenly it all makes sense.
Tinfoil hats will be available at the precipice.

Posted by Dave

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