Originally Posted by
BlackPeter
So - you are saying we paying our politicians to be soothsayers? That's an interesting concept ... it never occurred to me that we only need to hire somebody omniscient to solve all our problems. Quite easy solution: God for PM and all is good. Only problem is - depending on your believes, there is only zero, one, three or some other very small number of omniscient beings around, and they (if they exist) seem to have a quite funny sense of humour given that they must have created us to do things they neither expected nor like ...
OK - but seriously - I am surprised that you don't understand the behaviour of highly complex chaotic systems ...
I am as well surprised that you don't seem to understand the concept of uncertainty. How does this work for you as investor?
The best we can hope for and expect our leaders to do to make the best possible decisions given a high degree of uncertainty.
Anybody with a little bit of working grey matter between their ears knows that it is not possible to make long term predictions in chaotic systems ... and I am afraid this is what we are dealing with.