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Countdown to €/£ parity | 102 comments (102 topical, editorial, 0 hidden)
Re: Poll (none / 1)
Weell, not all ET'ers' opinions are created equal. If all the actual economists say 1.3 and only n00bs like myself say parity or below-parity, then the poll might not say all that much...

For myself, I just pretty much took a shot in the dark saying that the UK is monumentally screwed, but the rest of the Union will cut a deal to keep it in the ERM at roughly around parity - in exchange for a boatload of concessions on other points.

I expect much wailing and gnashing of teeth.

- Jake

Friends come and go. Enemies accumulate.

by JakeS (JangoSierra 'at' gmail 'dot' com) on Sun Dec 14th, 2008 at 04:26:18 AM EST
[ Parent ]
Re: Poll (4.00 / 2)
I would say that if the ability of economists to predict and understand the economy is taken into account, then noobs vs econs opinions is not a good predictor of quality of opinion.

Even on ET: Shall we do a countdown of oil prices? Even the decoupling theory is still a bit under the "to be seen" category (although in the short term watching the UK is surely to be "fun" and to go as expected).

The "specialist" is overrated, especially in soft sciences.

by t-------------- on Sun Dec 14th, 2008 at 06:32:16 PM EST
[ Parent ]
Re: Poll (none / 1)
If all the actual economists say 1.3 and only n00bs like myself say parity or below-parity, then the poll might not say all that much...

Refer to my signature...

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

by Carrie (migeru at eurotrib dot com) on Sun Dec 14th, 2008 at 06:52:11 PM EST
[ Parent ]

Countdown to €/£ parity | 102 comments (102 topical, 0 editorial, 0 hidden)
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