Wow, you've finally determined the reason for Black Monday? After 20 years and endless speculation, economists have never been able to pinpoint the reason, but you apparently have some insight.
Unfortunately, your analysis leaves much to be desired as there is no history to repeat in this case.
1. Oil prices were up slightly from earlier in the year, but far below what they had been in the early 80's.
2. Ditto for bond yields.
3. Trade deficits only matter if you are a 18th century mercantilist.
I'm thinking you need to stick to the soft relationship/lifestyle stuff and leave the financial forecasting to folks who do the research and know what they are talking about.
No no, rixtex is totally right. What would we do without humorless, misanthropic, pseudo-intellectuals to scrutinize websites that exist solely for entertainment value and tell us whether or not our amusement is academically and historically justified? Thank you, rixtex, unsung hero among bloggers. Thank you.
amazing as always. i wanted to let you and all of your loyal readers know that a couple of friends and i have started this new blog where you can submit completely anonymous haiku, so everyone should come have fun
This site is a little project that lets me make fun of some things and sense of others.
I use it to think a little more relationally without resorting to doing actual math.
14 comments:
I was born on Black Monday.
Hmm... Maybe it's time to get another Democrat in to change things for the better?
Wow, you've finally determined the reason for Black Monday? After 20 years and endless speculation, economists have never been able to pinpoint the reason, but you apparently have some insight.
Unfortunately, your analysis leaves much to be desired as there is no history to repeat in this case.
1. Oil prices were up slightly from earlier in the year, but far below what they had been in the early 80's.
2. Ditto for bond yields.
3. Trade deficits only matter if you are a 18th century mercantilist.
I'm thinking you need to stick to the soft relationship/lifestyle stuff and leave the financial forecasting to folks who do the research and know what they are talking about.
HEYYYOOOO rixtex ftl. chill out dude.
No no, rixtex is totally right. What would we do without humorless, misanthropic, pseudo-intellectuals to scrutinize websites that exist solely for entertainment value and tell us whether or not our amusement is academically and historically justified? Thank you, rixtex, unsung hero among bloggers. Thank you.
Perhaps its an Omen, theres a hurricane coming, run for the hills!!!
Sometimes the comments are almost as funny as the index cards. That was brilliant, rixtex.
amazing as always.
i wanted to let you and all of your loyal readers know that a couple of friends and i have started this new blog where you can submit completely anonymous haiku, so everyone should come have fun
http://fivesevenfive.blogspot.com
and of course we linked you :)
Hey, rixtex also uses the word "a" when you should use "an."
Rixtex, hasn't anyone ever told you that bad grammar just isn't sexy?
It's been 20 years since I was in college. Rub it in.
True, true, true ... my prediction as well.
Wouldn't want the facts to get in the way of your opinions.
Daniel Moynihan said, "Everyone is entitled to his own opinion, but not his own facts."
And Oscar Wilde said, “It is a curious fact that people are never so trivial as when they take themselves seriously.”
Way to be prescient!
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