Systemic Failure Approaches

[going_home]

Scary stuff man.


http://financialsense.com/fsu/editorials/willie/2009/1001.html



:ninja:

[Frizzle Fry]

Scary stuff man.


http://financialsense.com/fsu/editorials/willie/2009/1001.html



:ninja:

There are a few too many typos in there for me to take it seriously... Some good points are made, but "Gold is Resilient" sorta got proved wrong in the 1930s in the US. Then in the 1950s in the UK. Also in 1500bce in what was then Judah. I mean in and of itself, yes it will retain value, but not as a basis for a currency in a market with more complexity than that of a former 2nd-world nation.

[teufelhunden]

Ya know, he's a PhD but not in anything related... guy has his doctorate in statistics. So he's found what he believes to be patterns but has no background to use to interpret them. And it's poorly written, he cites few sources, yadda yadda...

[bornl33t]

"Strange as it seems, no amount of learning can cure stupidity, and higher education positively fortifies it."

Stephen Vizinczey