“But don’t confuse predictions with economic and business and housing cycles which are repetitive and cyclical and don’t need predicting; they only need to BE UNDERSTOOD. Don’t confuse predicting with understanding market cycles.”
This is a truly astounding, naive comment. I’d say it is the oversimplification of the century and the ultimate proof that you really don’t get it. An academic simplification by a non-academic. Amazing.
I’m not even going to critique it. I’m just going to let it sit there, for all to see how easy economic analysis really is in your eyes.
