Perhaps all of our economists, world wide would do well to take a course 
in what works or what doesn't, or even common sense, because their 
recommendations affect each of us and when they are wrong and we don't 
hold them accountable, they will continue advising our leaders with the 
wrong information which will make things even worse.

We won't see the final chapter on this written for a generation or two, 
but if you come back in another life as something other then a cow 
paddy, maybe you might actually realize that this is happening.

What amazes me even more is that if you were such an expert as you state 
that you are, you would realize that the majority of the economists are 
wrong the majority of the time according to many of the articles I've 
read over the past several years..

On 3/24/2010 8:33 AM, Ricardo Aráoz wrote:
> Virgil Bierschwale wrote:
>    
>> Basically it shows how if you take the gdp of the top 5 countries and
>> divide it by their population you come up with what I consider their
>> buying potential, or earnings potential.
>> then if you take these 5 numbers, total them up and divide by 5 you get
>> a figure where they will stabilize at with all of these countries
>> sending their jobs offshore to the cheapest bidder.
>>
>> Basically America is at about 46,000
>> America will end up at 24,200
>>
>>      
> Shit!
> Was it so easy? My daughter spent 5 yrs studying economics and is now
> doing a master, but you have distilled all that into a few lines.
> Wow! You've opened my eyes! I'll make her read your post and get her out
> of her master and into work.
> And I'll see if I can get my money back from the university. The
> bastards have swindled me!
>
>
[excessive quoting removed by server]

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