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URL:  https://boards.fool.com/in-these-discussions-we-should-keep-in-mind-the-19044001.aspx

Subject:  Re: OT: Graduating job Market Date:  5/14/2003  9:15 AM
Author:  yobria Number:  7133 of 36718

In these discussions, we should keep in mind the futility of predicting macroeconomic variables like deflation and unemployment.

I remember a book a few years ago that graded the world's major economies. Italy got an 'F', with the economist-authors predicting economic disaster. Two years after the book came out, when I read it, Italy was booming.

Nick


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