2011-08-11, 23:12 | Link #15701 | |
Takao Tsundere Cruiser
Join Date: Oct 2008
Location: Classified
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London riots: Man held over Asyraf Haziq Barking mugging
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2011-08-12, 02:43 | Link #15706 |
Asuki-tan Kairin ↓
Join Date: Feb 2004
Location: Fürth (GER)
Age: 43
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If you know that analysts predict the future based on the assumption that everything stays as it currently is... you can estimate the precission or value of such a prediction. I remember times when such folks were using crystal balls to read the future for people. Back then, you could pretend they are harmless frauds trying to earn some bucks. Nowadays you feel the presence of these analysts everywhere (rating agencies, investment analysts, risk analysts for insurance, political analysts...) - meddling with the economy and society
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2011-08-12, 02:45 | Link #15707 | |
Senior Member
Join Date: May 2009
Location: classified
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No. Obama is as unpopular as the Kochbros T-Party. It would seem that Americans have had enough of both of them. The T-Party knuckled under and passed the debt ceiling increase. Americans didn't support that according to Gallup. So, I don't see independents, moderates, and centrists supporting Obama because of the T-Party. If they support Obama it will be because the GOP nominates some corporate idiot like Rick Perry or Mitt Romney. Assuming the polling outlets are correct in their assessment of the situation.
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2011-08-12, 02:48 | Link #15708 | |
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But yes, I do know that's what analysts do. The assumption of "ceteris paribus" is a prime feature in economic or financial analysis. This makes their job a lot easier since predicting the future is a hard thing to do, and so when it comes to forecast modeling, they leave unpredictable variable up to an error term and don't put much effort in calculating it. It's what makes econometrics the sort of subject you have to react by way of "wtf is this sh**?" In the end, they're just assumptions based on more assumptions |
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2011-08-12, 02:55 | Link #15709 | ||
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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None of them actually do cross-discipline studies. There are so many factors driving society at large that you can't just discount human psychology, herd effect, legislation loopholes, and of course, internal politicking when you do an analysis. Bernanke is an idiot to assume that the economic problem is due to money supply problem. It is legislation problem idiot. Quote:
It is a stupid decision to forgive him, but I think I can respect someone who is stupid yet has a big heart. *not meant a sarcastic commentary* And great for alpha males to show off as well.
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2011-08-12, 03:07 | Link #15710 | |
Senior Member
Join Date: Mar 2007
Location: Australia
Age: 41
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London Riots: Girl who smashed cop car is Olympics 2012 ambassador
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2011-08-12, 03:16 | Link #15711 | ||
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2011-08-12, 03:19 | Link #15712 | ||
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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Otherwise how do people like Warren Buffet earn money by trading the stock market? Quote:
Though I am worried that a certain female friend of mine might murder someone before this blows over.
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2011-08-12, 03:23 | Link #15713 | ||
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Lol maybe you should try getting in touch with her see if she's ok? |
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2011-08-12, 03:29 | Link #15714 | ||
NYAAAAHAAANNNNN~
Join Date: Nov 2007
Age: 35
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Though it is hard to even trade bonds now.....France and co. banned short-selling. Lovely way to fix the economy by preventing others from hedging against it - it isn't going to change much since most people going long are going to hold or dump, and nobody is going to touch those damned stocks. But I am sure those idiots are going to blame "speculators" for the lack of fluidity in the stocks later on - how liquid can the money market get when you start freezing positions? Quote:
I did last night. She said she carries a kitchen knife to school everyday.
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2011-08-12, 03:46 | Link #15715 | ||
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Well, I don't want to say "let them freeze positions so that they can only make gains in the short run," but when shit hits the fan in the long run, I suppose they get what they deserve. Quote:
I'm kinda thankful I'm not younger and going to the same school as she does |
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2011-08-12, 05:42 | Link #15717 |
Did someone call a doctor
Join Date: Apr 2007
Age: 40
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You'd always be a citizen of the British Empire yeah, but you wouldn't be 'British' unless you came from England. You'd be a "colonial" though we're not colonies anymore. The colonies were self governed but enforced laws of the homeland more or less with some local tweaks. These days, like here in Australia we are citizen's of Australia, but we're still technically part of the empire although it's called the 'commonwealth of nations' now, same difference really just sounds friendlier.
Strictly speaking the Queen is the head of our nation via the Governor General who has some authority over the federal government (same for NZ and Canada). Though in reality for day to day things, I doubt most people know who the governor general is since they rarely even pop up to do anything (I think it's a lady atm?). Does happen though, like when they dismissed the Whitlam government in the '70's. There is more to it then that (and probably more accurate), I was just tired/bored and typed stuff while passing through when I saw that question.
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Last edited by Mr Hat and Clogs; 2011-08-12 at 05:52. |
2011-08-12, 05:43 | Link #15718 | ||
Senior Member
Join Date: Jan 2009
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2011-08-12, 06:28 | Link #15719 |
books-eater youkai
Join Date: Dec 2007
Location: Betweem wisdom and insanity
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China delays retirement of senior state banker
http://www.reuters.com/article/2011/...77B19A20110812
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2011-08-12, 07:52 | Link #15720 | |
YOU EEDIOT!!!
Join Date: Apr 2009
Location: I'm right behind you
Age: 41
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I don't think the IOC should pull the Games from London based on this, but again, the upper-class anarchists who think they're in solidarity with the poor around the world by throwing bricks at "the pigs" would only have themselves to blame if it does happen. Talk about a huge black eye for any Olympic event. |
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current affairs, discussion, international |
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