Paul Krugman economics: Deny, deny, deny!

Quote from Ricter:

The upside to a self-destructive attitude that "bad things are gonna happen" is that you'll eventually and periodically be right.

There's a difference between saying "during my lifetime, the probability is that I will be involved in a car accident" on one hand, and on the other, driving with my feet because I like to text. One is probability and the other is bad behavior. The conclusion may be the same.
 
Quote from pspr:

Arguing with Ricter is like arguing with a brick wall. Unless you brought a sledge hammer, you're not going to have a breakthrough.

It doesn't matter so long as his bullshit is discredited and people who wander into these threads and don't know aren't fooled into thinking like he does. If even one person is averted from that mentality, I consider it a victory.
 
Quote from Tsing Tao:

There's a difference between saying "during my lifetime, the probability is that I will be involved in a car accident" on one hand, and on the other, driving with my feet because I like to text. One is probability and the other is bad behavior. The conclusion may be the same.
You're always going to be able to find a justification for crying and wringing your hands. It's a mindset that precedes observation.
 
Quote from Tsing Tao:

It doesn't matter so long as his bullshit is discredited and people who wander into these threads and don't know aren't fooled into thinking like he does. If even one person is averted from that mentality, I consider it a victory.
Lol, you really think you have an audience? Readers here are on the edge of their seat? You're on a mission? Lmao. People here are as interested in this discussion as you are in stu v. jem.
 
Quote from budcampbell:

right about what?........ that the ancient laws of economics and finance are irelevant?
We're all arguing about supply and demand.
 
Quote from Ricter:

You're always going to be able to find a justification for crying and wringing your hands. It's a mindset that precedes observation.

You could, yes. But I wasn't always negative on the economy like this. That tells me two things - first, I'm not an ignorant perma bull like yourself. Second, I am aware of not only what the market should do, but what it will do.
 
Quote from Ricter:

Lol, you really think you have an audience? Readers here are on the edge of their seat? You're on a mission? Lmao. People here are as interested in this discussion as you are in stu v. jem.

Not so, I get pms from time to time about stuff I post. But no, I'm not on a mission, so to speak. But if we are to escape the perils of the future, we need to be aware of the idiots of the past. And what better time to identify them then when they are being the fools they are?
 
Back
Top