Re:Russell Napier: The world will experience a capex boom
by jkhdigital on Thursday November 03, 2022 @12:38AM
(#33447064)
You're not wrong, but that's why you always listen to their explanations for their predictions. The mental models that generate these predictions are where the wisdom lies.
Re:Russell Napier: The world will experience a capex boom
by hotpotamus on Thursday November 03, 2022 @12:15AM
(#33446918)
If you only get 100 opinions, I'd say you've managed to pick the 100 laziest economists in the world.
That doesn't necessarily mean they knew what they were talking about. Could be they just got really lucky.
In a recession we're always looking for a way out, a silver bullet, someone to whom we can hitch a ride (and our money) to.