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Someone who predicts 15 of the last 2 recessions is a charlatan even when their claims come true.
by meowface 8mo ago
Someone who predicts 15 of the last 2 recessions is a charlatan even when their claims come true.
- gjsman-1000 8mo agoBut who was the charlatan? The person predicting the recession, or the government who stopped the predicted recession by adding another $5T to the debt pile, to almost inevitably cause a recession later, at a more politically convenient time for those in power today? The recession happened, as predicted, the government absorbed it for another day.
- meowface 8mo agoThe person predicting the recession. Even if the government were preventing each new recession through historically unrivalled foresight, the predictor should eventually start incorporating that into the prediction. If the prediction is "there will be a recession within the next 20 years", then, okay. If it's https://podcasts.apple.com/us/podcast/the-a-i-bubble-is-bursting-with-ed-zitron/id1463460577?i=1000661003189 https://podcasts.apple.com/us/podcast/the-a-i-bubble-is-burs... every single month...
- dcre 8mo agoI'm going with the pathologically incurious guy who is wrong in essentially every detail.