Reading the report on the Russian economy and that on Astrology brought to mind the quote of John Kenneth Galbraith who said, “The only function of economic forecasting is to make astrology look respectable.”
Forecasting the result of the US election seems to fall into the same bucket.
mike otter
1 month ago
Yes folks – the UK deficit is 4.4% – about 1.1 trillion sterling, BEFORE labours budget – how soon before labour go to Putin begging for loan? Or a few suitcases of currency as allegedly happened in the 1920s, 60s and 70s -though oddly enough not in the Attlee era – or the Blair one.
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SubscribeReading the report on the Russian economy and that on Astrology brought to mind the quote of John Kenneth Galbraith who said, “The only function of economic forecasting is to make astrology look respectable.”
Forecasting the result of the US election seems to fall into the same bucket.
Yes folks – the UK deficit is 4.4% – about 1.1 trillion sterling, BEFORE labours budget – how soon before labour go to Putin begging for loan? Or a few suitcases of currency as allegedly happened in the 1920s, 60s and 70s -though oddly enough not in the Attlee era – or the Blair one.