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It's a never ending source of amusement that economists can never think in advance. Instead they revise estimates after the fact to be in line with the data.

By: capt_nemo in WRGO | Recommend this post (0)
Thu, 02 Jun 11 9:04 AM | 35 view(s)
Boardmark this board | Reality news,,,,,,,,
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http://globaleconomicanalysis.blogspot.com/2011/06/mood-swings-economists-rush-to-lower.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+MishsGlobalEconomicTrendAnalysis+%28Mish%27s+Global+Economic+Trend+Analysis%29




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Realist - Everybody in America is soft, and hates conflict. The cure for this, both in politics and social life, is the same -- hardihood. Give them raw truth.




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