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In other words, demand is not measured, it is "marked to model".

We have met the enemy, and he is us — Pogo
by Migeru (migeru at eurotrib dot com) on Sat Nov 10th, 2007 at 03:09:36 PM EST
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It sounds like it's more like the term Jerome used about Level 3 assets... What was it? Marked-to-make-believe?

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Nov 11th, 2007 at 02:57:15 PM EST
[ Parent ]
Then you should know how they predict supply!

After looking at demand they way I described above, they put supply=demand.


At least that's how they did it a few years ago. Recent development may suggest they have been going sober.

Peak oil is not an energy crisis. It is a liquid fuel crisis.

by Starvid on Sun Nov 11th, 2007 at 11:18:17 PM EST
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