Thursday, August 06, 2009

I am not listening to Anders

Anders Borg, finance minister of Sweden, was just on the news saying he thinks the recession won’t be as long-lived as suspected. Great news, since I remember just how accurate Anders Borg was in predicting what was going to happen in 2008.
Again, why do we keep listening to these people? Haven’t economists used up the scant credibility they once enjoyed?

1 Comments:

At 4:51 PM, Anonymous R said...

Absolutely. Analysts, finance ministers are no better than bookies.

 

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