Comments by "Piccalilli Pit" (@piccalillipit9211) on "Why is Economic Analysis on the News so Terrible?" video.

  1. BECAUSE THEY DONT CARE they are entertainment, not news/predictions. There is no incentive to be correct, they employ entertaining or inflammatory people whilst the good economists go to work for the banking industry. Im an author on the collapse of civilisations, my predictions on the UK & US mid/long term economy are orders of magnitude more accurate. ITS NOT THAT DIFFICULT* *short term predictions are incredibly difficult.
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  2. It depends on the baseline condition. They would react differently now to 15 years ago. At the moment the markets are literally worried the whole deco of cards is about to collapse. They understand that investment is needed, the economic thumb screws can not be tightened anymore to squeeze out more profit without collapsing the system.
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  3. IF YOU GET A BIT MROE MONEY and the rich get a lot more money - as you say at the end - YOU will become poorer...!!! THIS IS HOW THE TORIES STAY IN POWER Resources are finite, money is infinite ergo money is a token for real things ergo it is the % of the TOTAL £££ available that determines your wealth/poverty. Your ABILITY to buy the real things not the £££ in your bank. The Tories give you a little and the rich a LOT, making you THINK you are getting richer - its a CON TRICK - that is why they are called TORIES - robbers.
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