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Was the economical breakdown easy to predict?
Published by: jack 2010-03-15
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  • I've been reading about 'Ronald Weinman' and how he's apparently one of the last apostles.. Well.. I WAS reading about Ronald Weinman, about 5-6 months ago.

    I remember reading about this so called 'prophecy' and he said something like 'in the year 2008 there will be a major global economic breakdown' and 'earthquakes and natural disasters will peak in the last 3 years' (Because the earth's 'going to end' in 2012)
    Detecting and Predicting Forecast Breakdowns*::
    File Format: PDF/Adobe Acrobat - View as HTMLm aero economic variables such as output growth and inflation (Stock and Watson, forecast breakdown test, that depends on the forecasting scheme and that explicitly takes into .. This is easy to set; for a quadratic loss, in
    http://www.econ.ucla.edu/workingpapers/wp845.pdf
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    Anyway, I just brushed it off. Because how many people have tried to tell us the world's ending? Like the year '2000' we were all meant to die.. Still here.

    I was sat on the bus today, reading about the economy, and I thought of Ronald Weinland when on the net page there was something about an earthquake.
    Real Estate Breakdown::
    Ecotourism has become one of the largest economic drivers in the state of Hawaii, it is quite easy to see why so many people are becoming so demoralized. stating that real estate experts throughout the nation predict Tucson to
    http://www.criticalbreakdown.org/
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    Do you think these things were easy enough to predict? Like obviously earthquakes were.. Because of the state of the earth atm, but the economy?

    Or do you think this guy's the real deal? because It's kinda freaking me out lol.


  • If you track the housing "affordability index" -- the ratio of the median home price to median income -- it was very easy to predict the sort of housing price collapse that we have seen. It is, of course, not as easy to predict precisely WHEN bubbles like this will burst.





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