----- Original Message ----- 
From: "John Williams" <[email protected]>
To: "Killer Bs (David Brin et al) Discussion" <[email protected]>
Sent: Tuesday, August 25, 2009 11:10 AM
Subject: Re: Ben Bernanke, fearless leader


> 
> With the burning building, it is extremely unlikely that a horde of
> people will individually, or as a group, study the situation, form
> plans each using their own specialized knowledge of the situation, and
> proceed to solve the problem of the burning building, a little bit at
> a time.

Sounds a lot like what firemen do for a living.
Hmmmm.....maybe exactly what firemen do for a living.

> But in a large economy like in the US, this is exactly what
> has been happening every day, for decades.
> 

Economic predictions have a way of changing conditions so that the prediction 
never occurs or is minimalized.

xponent
Hurricane Warnings Maru
rob

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