And just when you thought all was stabilizing

Discussion in 'Wall St. News' started by PAPA ROACH, Nov 15, 2007.

  1. You know I posted a link about CDO's and it talked about how complex the formulae were for bundling and pricing these instruments. So basically you had a bunch of Einsteins coming up with elaborate statistical and mathematical models for the price of a flaming turd. Think about that: some of these guys probably had PhD's and MBA's from the finest schools in the country. And yet they could not recognize the fact that a turd is a turd is a turd ????
     
    #11     Nov 16, 2007
  2. Economics is pseudoscience.. like astrology. If you understand the economist you're not listening.
     
    #12     Nov 16, 2007
  3. Several misspellings.
     
    #13     Nov 16, 2007
  4. I'm pretty sure I heard one hand clapping.
     
    #14     Nov 16, 2007
  5. This isn't economics. It's econometrics. The application of math and statistics to economics.

    The other side of economics is praxeology, the study of human action. Many on that side of economics believe you can't "model" the economy using math/stats.

    It reminds me of "lies, damned lies, and statistics." The praxeologist may lie or be wrong, but beware the economist armed with statistics.

    Or has Homer Simpson says: "Oh, people can come up with statistics to prove anything. 14% of people know that."
     
    #15     Nov 16, 2007
  6. #16     Nov 16, 2007
  7. RhinoGG

    RhinoGG Guest

    1967 to 2007; 40 years
    U.S. Population in 1967; 200 Million
    U.S. Population in 2007; 300 Million
    In 40 years our nation grew by 100 Million

    The outlook, based on current survival rates, births, etc.. for the U.S. ... 2027; 400 Million. Thats adding 100 Million in 20 years instead of 40 years. It gets better (or worse) from that point, only 10 (2037) years to add another 100 Million.

    Whole lotta mouths to feed, ears to listen to music, feet to push gas peddles, asses to wipe, toilets to flush. You get the picture...
     
    #17     Nov 16, 2007
  8. Some different #'s-

    http://www.census.gov/population/www/pop-profile/natproj.html


    The U.S. population is growing larger.

    Based on the middle-series projections, the Nation's population is projected to increase to 392 million by 2050 -- more than a 50 percent increase from the 1990 population size. During the 1990's, the population is projected to grow by 27 million, a 10.8 percent increase. This assumes that fertility, mortality, and net immigration would continue to reflect recent trends. Only during the 1950's were more people added to the Nation's population than are projected to be added during the 1990's. Using the lowest assumptions, the population would grow slowly, peak at 293 million by 2030, then gradually decline. Conversely, the highest series projects the population to increase quite steadily over the next several decades, more than doubling its 1990 size by the middle of the next century.

    The U.S. population growth rate is slowing.

    Despite these large increases in the number of persons in the population, the rate of population growth, referred to as the average annual percent change,1 is projected to decrease during the next six decades by about 50 percent, from 1.10 between 1990 and 1995 to 0.54 between 2040 and 2050. The decrease in the rate of growth is predominantly due to the aging of the population and, consequently, a dramatic increase in the number of deaths. From 2030 to 2050, the United States would grow more slowly than ever before in its history.

    The U.S. population will be older than it is now.

    In all of the projection series, the future age structure of the population will be older than it is now. In the middle series, the median age of the population will steadily increase from 34.0 in 1994 to 35.5 in 2000, peak at 39.1 in 2035, then decrease slightly to 39.0 by 2050. This increasing median age is driven by the aging of the population born during the Baby Boom after World War II (1946 to 1964). About 30 percent of the population in 1994 were born during the Baby Boom. As this population ages, the median age will rise. People born during the Baby Boom will be between 36 and 54 years old at the turn of the century. In 2011, the first members of the Baby Boom will reach age 65, and the Baby Boom will have decreased to 25 percent of the total population (in the middle series). The last of the Baby-Boom population will reach age 65 in the year 2029. By that time, the Baby-Boom population is projected to be only about 16 percent of the total population.
     
    #18     Nov 16, 2007
  9. but what I am saying is true. The revolution in web 2.0 and globalization is real.
     
    #19     Nov 16, 2007
  10. RhinoGG

    RhinoGG Guest

    please list address of a decent web 2.0 site.
     
    #20     Nov 16, 2007