European Tribune - Comments - London G-20 meeting: the last chance?

London G-20 meeting: the last chance? | 24 comments (24 topical, 0 editorial, 0 hidden)

Re: London G-20 meeting: the last chance? (none / 0)

Your choice. Everyone adopted the terms "systemic risk" and "systemic crisis". But everyone is not that smart a character.

Vencit omnia veritas.

by Luis de Sousa (luis[dot]a[dot]de[dot]sousa[at]gmail[dot]com) on Thu Apr 2nd, 2009 at 03:48:23 AM EST
[ Parent ]

Re: London G-20 meeting: the last chance? (none / 0)

A lot of what they say sounds sensible and is more or less aligned with the ET conventional wisdom. However:

they constantly tout their past prediction - they sound like a stock investment newsletter
they often mention the fact that they were not listened to or were derided - this scores 20 poins in the crackpot index
they talk a lot about their "team of experts"
they do not give any details of their analysis - worse, they replace them with gonzo-weird charts like the one I posted

Most economists teach a theoretical framework that has been shown to be fundamentally useless. -- James K. Galbraith

by Migeru (migeru at eurotrib dot com) on Thu Apr 2nd, 2009 at 04:06:31 AM EST
[ Parent ]

London G-20 meeting: the last chance? | 24 comments (24 topical, 0 editorial, 0 hidden)

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