Thread
:
Study Says World's Stocks Controlled by Select Few
View Single Post
08-31-2009, 09:33 PM
#
8
QWNPdpr5
Join Date
Oct 2005
Posts
468
Senior Member
Economists cannot reach a conclusion let alone get to Mars. Never work.
This is true to an extent as most economists did not foresee the events of the current economic crisis but most of these economists were not necessarily lateral thinkers...most ascribed to prevailing orthodoxies in matters of economics. Nevertheless, not sure that economists should be making predictions anyway since economics like physics is a science. That is unless you are a proponent of faith based economics and believe that faith based economics is true economics/science...(i.e. Creation Science is true science)
With any system you study the nodes and the interelationships of nodes and estimate the impacts and influence of a system being too intertwined. I don't think there is anything to belittle or ridicule with what these physicists are hypothesizing even if one doesn’t necessarily believe in the conclusion that large sparse networks seem to be dominated by a few major companies making the whole system vulnerable when only a few nodes fail. The too big to fail syndrome with the major banks seems to suggest that this is the case anyway..so again not sure the ridicule is justified...all the illuminati talk is just a distraction from the real issue here of powerful companies holding too much sway over the global economy. That should be the discourse not inane and contrived conspiracy stories that cloud the issue and perpetuate ignorance...
Quote
QWNPdpr5
View Public Profile
Find More Posts by QWNPdpr5
All times are GMT +1. The time now is
02:26 PM
.