"Can linear regression analysis really predict the future"
Of course it can.
The 100% prediction is that when you use RA as an extension of the present/past you will lose money in the future.
Doesnt get any better than this
The FOX international news is a joke.
Domestically I do agree they are improving, but with two wars and a huge debt it is very important to get the international component correct.
you would need to be careful because now that the war on Iraq has been won there are 140,000 armed boys and girls with nothing to do.
just imagine if they all came to a town near you
Mind you, I enjoy FOX sometimes when I am in the mood but I do need to know the news first before I switch over to FOX otherwise they will leave me up the creek.
Still it is a lot of fun
It doesn't matter what emphasis you put on the details, the fundamental philosophy of the greenspan era was deeply flawed along with Treasury and any other clown who believed or publicly stated "deficits don't matter"
when you jump from a tall building, it is not the fall that does the damage, it is always the landing.
in other words it does not matter how you describe the fall, it is your description of the landing that holds our interest.
"Greenspan is so well regarded in Britain that Queen Elizabeth II awarded him an honorary knighthood in 2002 in recognition of "his outstanding contribution to global economic stability." "
The true story is that Allan received the honorary knighthood for doing to the US what King George 3...