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It's worse than that... Rather than the DPRK, take the US election. A toss-up before the 3rd of November, with massive ramifications on fiscal policy and theref
by MagnumOpus 6y ago
It's worse than that... Rather than the DPRK, take the US election. A toss-up before the 3rd of November, with massive ramifications on fiscal policy and therefore GDP growth and currency strength.
I truly shake my head at the software developers who expect economists to give an accurate point forecast of a binary coin-toss, and then deride their expertise as a sham when they describe the scenarios that follow the two outcomes instead.
(And also shake my head at voters who believe "economists" hand-picked by politicians to affirm their policies. In a profession of a million people you can find one to support any policy even if 99% of the profession don't agree -- just like you can find a "computer scientist" who will promise you self-driving cars on the street within three years if you just pay him a million dollar consulting fee.)