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A lesson in economics

Thanks for the link, ill have to put aside a couple of hours a night to go through all the parts.

cheers
 
Makes for good watching while I wait for Amibroker to do some time consuming optimisations...I love enconomics...only wish it was actually useful for something other than entertainment :
 
Makes for good watching while I wait for Amibroker to do some time consuming optimisations...I love enconomics...only wish it was actually useful for something other than entertainment :

HAHAHAHA.... Completely agree ASX.G about the usefulness of economics......... You've made me laugh this morning and considering I have basically lived at a computer doing annual reports for the last 1.5 months, thats a very good thing! Completely off topic I know, but thanks to you never the less!!!

Cheers
Reece
 
Makes for good watching while I wait for Amibroker to do some time consuming optimisations...I love enconomics...only wish it was actually useful for something other than entertainment :

I think that is a healthy attitude to have with respect to economics. At best it is an area of speculative investigation however it has been elevated to the level of a science and our societies reorganized around it as though it were an inevitable truth.

There is something childishly naive about embracing a concept as a cure-all for every problem.
 
ASX-G

Actually I would disagree, I would say that economics, both micro & macro, are extremely useful. Understanding the application is the key.

jog on
d998
 
That's the distinction duc, economics is by nature utilitarian, applicable and useful for specific situations. As a way to structure our societies it is woefully inadequate.
 
Actually I would disagree, I would say that economics, both micro & macro, are extremely useful. Understanding the application is the key.

Haha, I thought you might I actually disagree too. Admittedly a quite flippant comment.I take a lot away from his presentations actually (and I accidentally back-arrowed the one on inflation when it was started to get really juicy).

Top of mind at the moment would be the liquidation part of a boom/bust cycle ie. be cashed up when the liquidation comes. I have my eye on a nice timber boat for summer on the Öresund, a well kept Porsche 911 from the 70's or 80's, a summer cottage in the forest beside a lake somewhere etc. etc. you get the picture...all currently being taken care of by some unsuspecting over-leveraged Sven and Inga.

ASX.G
 
Unfortunately i can't watch it from Google as its not available from China...any other options for this folks?

Cheers,
 
He has his own site, but it's pretty hard reading. :
http://www.geocities.com/petrov_krassimir/

 
Hmmm, its almost as difficult as AFL!
 
He has his own site, but it's pretty hard reading. :
http://www.geocities.com/petrov_krassimir/

You could ask Kev 07 to get one of the girls from Scores to translate it for us, he seems pretty good at foreign languages and has connections.

Seriously though, do you have a link that I can click on to download overnight as I am one of those poor rural bastards relying on a crap Telstra connection.

Garpal
 
So wayne as a bear what kind of bust do you think we are we in for - deflationary, inflationary/stagflationary or hyperinflationary? I vote (b) or (c) - most likely (c) - with the corresponding currency crisis, and given that its the reserve currency that will be in crisis, its gold, oil (or food, weapons or drugs?) that will be the survivor's (and/or the yen?).
 
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