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The dramatic collapse of the world economy has exposed the fundamental inadequacies of financial forecasting.
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Short-sighted economists must focus on getting a clear view of the ... - The Age
ECONOMIC forecasting, they say, was invented to make astrology look good. Right now there is a premium on economic prophecy as analysts look for any indication that the economy has reached a turning point in the business cycle. Economists eyeball the ...
A well-shaped package would be worth the wait - Globe and Mail
Endless tax cuts? That worked out just swell for the U.S.A. didn't it? Oh wait... Regular Canadians need jobs (and also the ability to get bank loans), not more tax cuts that bankrupt future generations (fiscal deficits are essentially borrowing ...
Opponents to bailout lost a major point of criticism based on Big ... - DailyTech
When Ford, GM, and Chrysler, almost out of cash , flew their CEOs to Washington to beg lawmakers for financial aid, they made a major miscalculation. They flew in private jets, leading to Senators mocking their requests , likening them to a beggar in ...
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