On Aug 18, 8:23Â am, Robert Cohen msn.com> wrote:
> On Aug 17, 9:57Â pm, Robert Cohen msn.com> wrote:
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>> And perhaps because of these other factors simultaneously happening as
>> inter-related, dynamic causes and effects:
>
>> Because some  "demand destruction" for oil is "hurting" high fuel
>> prices
>
>> And gold, silver and many other commodities seem to be falling in
>> value
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>
>> Caveat: what such an article doesn't make perfectly clear, though I
>> think should:
>
>> IT ALL COULD REVERT TO THE OPPOSITE IN A FEW MINUTES Â (or DAYS, WEEKS,
>> MONTHS)
>
>> That's how complex, sensitive and volatile our global reality is (imho
>> of course)
>
> Here is (apparently) a great contemporary independent-individualistic
> "economist," while there have been several/many doctor doomsers,
> though kept in our nation's kook attic so to speak because of the
> pessimistic prognoses
>
> I note Roubini is considered highly skilled in utlizing math (which i
> can't do, goshdamneit), Â while his supposedly accurate predictions are
> (seemingly) weighed or based more upon  economic-financial
> "fundamentals," and the prescient predictions are deeemed as
> "intuitions" (rather than as respectable "logic") which surely are
> also derived & aggregated from his varied multi-cultural experiences &
> knowledge
>
> Meanwhile: I watched Dr. Larry Lindsay, Bush II's  former major
> economist-sage-shill, predict gloom-doom a couple weeks ago on early
> morning CNBC business cable, ugly but obvious stuff that Lindsay could
> not publicly acknowledge when employed at the White House for many
> years
>
>
http://www.nytimes.com/2008/08/17/magazine/17pessimist-t.html?ref=mag...- Hide quoted text -
>
> - Show quoted text -
Here is an apparent left liberal website with the very same article,
though with many compliments and also some
very critical a la, "Roubini is batting a .250." In other words the
poster says Roubini is only accurate in one-fourth of
the predictions, which is (imho) a poor record.
http://www.alternet.org/workplace/95375/