fustakrakich's Journal: Understatement of the day...

At the end of the day, market psychology can itself become an economic 'fundamental'.

"can" become??! It is THE fundamental.. It is why economists are so full of shit.

I kinda wish my friends and a couple of other notables would break away from the kiddie table and lend their thoughts to real business, if even for the briefest moment. This is not an attempt to change your vote. That of course is futile. At the end of the day, your fucking politicians will still be there. I just wonder if you are already set, planning now, or are just going to complain afterwards. It's almost like a Slashdot poll, if you want to see it that way.

Maslo

[smittyoneeach]

Would your theory have any relationship to Maslo's hierarchy? That is, you need to have the food/shelter/water squared away before the real Marshall McLuhan stuff kicks in.

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[fustakrakich]

No, I'm just wondering how big the dip will be and what people are doing with their money until the inauguration.

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[smittyoneeach]

I think they're watching the smoke condense onto the mirror.

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[fustakrakich]

Huh? Oh, I'm sorry... what smoke, what mirror?

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[smittyoneeach]

The economy?

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[fustakrakich]

Well, purchasing power is effected, and you bank accounts too. You may or may not find out this summer what that means. I still don't know what you are trying to say...

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[smittyoneeach]

The economy is all smoke and mirrors, as we're about to "discover"?

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[fustakrakich]

So, you are expecting a repeat then? Or, what?

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[smittyoneeach]

Repeat of what? The whole 2008 pre-election scare, certainly. I think we're supposed to vote for whoever promises the biggest woobie.