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Originally Posted by papa smurf
hows the 5 year forecast doing or the 4 year /3 year ......
what your saying is there is no idea beyond the end of the week .
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The whole economy is based on trying to accurately predict the future. The City and the Insurance industries use Actuaries whose job is to assess and manage the future risk & uncertainty.
Are you saying these people, who are I am afraid, "experts" should be ignored because the future has not happened yet? If you do, you had better buy another mattress to put your money under
I see no difference between people whose job it is to assess future risk that work in the City and those who work as Civil Servants. If you are saying that because they work in Whitehall they are lying then you had better start ordering those tinfoil hats right away.
---------- Post added at 12:42 ---------- Previous post was at 12:33 ----------
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Originally Posted by Mick
People cross the road every day and many many people, make it to the other side, there is no lorry coming, no impending doom, no risk to injury. I call it successful optimism; I plan to cross the road, check for risks, no risks, I then cross, I am now on the other side. Positive outcome & Success.
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People cross the road every day
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People do but countries don't
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and many many people, make it to the other side
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Interesting: implying a number fail in crossing the road
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there is no lorry coming, no impending doom, no risk to injury
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How can you tell? It is so foggy you can only see a few feet in front of you and you certainly cannot see the other side of the road
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I call it successful optimism
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also known as "crossing fingers and hoping it will be ok"
When there are was definitively no plan, this is impossible
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check for risks, no risks
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Checking best made with eyes open. Risks are clear and present
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I am now on the other side. Positive outcome & Success
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and then you wake up ..