Re:In poor neighborhoods, McDonald’s have become de-facto co...
by dragonwriter on Wednesday June 15, 2016 @12:52PM
(#11910428)
> The top American "neutral" economists told us that everything was great in the real estate market right before 2008.
The US housing bubble collapse was widely and publicly predicted by leading independent (that is, those not working for banks or government) economists of every political stripe for many years before the collapse.
Re:In poor neighborhoods, McDonald’s have become de-facto co...
by ConfuciusSay02 on Wednesday June 15, 2016 @01:49PM
(#11910809)
Those independent economists were not the ones being trotted out on the media talk shows back then, and there's no reason to think the independent economists would be trotted out now for this Brexit debate.
Re:In poor neighborhoods, McDonald’s have become de-facto co...
by dragonwriter on Wednesday June 15, 2016 @02:00PM
(#11910860)
> Those independent economists were not the ones being trotted out on the media talk shows back then
They were widely reported in major news media, including appearances on "media talk shows".
Re:In poor neighborhoods, McDonald’s have become de-facto co...
by coldtea on Wednesday June 15, 2016 @05:45PM
(#11912396)
Only after-the-fact, when the burst was clearly visible...
Re:In poor neighborhoods, McDonald’s have become de-facto co...
by ConfuciusSay02 on Wednesday June 15, 2016 @02:35PM
(#11911084)
Widely reported? It was just the opposite.
Re:In poor neighborhoods, McDonald’s have become de-facto co...
by DanBC on Wednesday June 15, 2016 @02:01PM
(#11910869)
> Funny how he changed his mind so quickly.
Politicians being politicians. Here's Borris before and now.
https://tompride.wordpress.com/2016/05/28/the-great-eu-debat...
Sterling is up against USD since March. Besides, a low pound can be good for exports/manufacturing. The idea that if the pound drops against the USD it's categorically "bad" is untrue and simplistic.
When David Cameron was campaigning, he said he'd be glad to have a referendum and he thought that a Brexit might actually be better for the UK. Thanks to that he was voted in with a majority, and promptly changed his tune to saying a Brexit would be lead to a catastrophe. Funny how he changed his mind so quickly. Also funny how the "neutral" economists didn't pipe up to correct Cameron during the election.