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  • November 8, 2008 at 9:12 AM #301889
    EconProf
    Participant

    Sduuuuude: Well put indeed.
    You should be teaching economics to those minds-of-mush college students.
    BobS

    November 8, 2008 at 2:13 PM #301571
    kewp
    Participant

    [quote=sdduuuude]
    If it overshoots to the downside, then we may have an underdamped and possibly unstable system (positive feedback or open loop), as I suspect.
    [/quote]

    I think this is the most likely scenario (its always happened in the past with much smaller bubbles).

    Foreclosures beget more foreclosures. Same with short-sales and unemployment. I remember hearing a statistic that during the 80’s slump, when one engineering job left SD, three 7/11 employees went with them.

    You are correct that its only a ‘negative’ feedback loop if you are talking about negative bias against the upside. You could make the case that this is correct in the long term, as the generic long-term trend is upwards.

    November 8, 2008 at 2:13 PM #301930
    kewp
    Participant

    [quote=sdduuuude]
    If it overshoots to the downside, then we may have an underdamped and possibly unstable system (positive feedback or open loop), as I suspect.
    [/quote]

    I think this is the most likely scenario (its always happened in the past with much smaller bubbles).

    Foreclosures beget more foreclosures. Same with short-sales and unemployment. I remember hearing a statistic that during the 80’s slump, when one engineering job left SD, three 7/11 employees went with them.

    You are correct that its only a ‘negative’ feedback loop if you are talking about negative bias against the upside. You could make the case that this is correct in the long term, as the generic long-term trend is upwards.

    November 8, 2008 at 2:13 PM #301937
    kewp
    Participant

    [quote=sdduuuude]
    If it overshoots to the downside, then we may have an underdamped and possibly unstable system (positive feedback or open loop), as I suspect.
    [/quote]

    I think this is the most likely scenario (its always happened in the past with much smaller bubbles).

    Foreclosures beget more foreclosures. Same with short-sales and unemployment. I remember hearing a statistic that during the 80’s slump, when one engineering job left SD, three 7/11 employees went with them.

    You are correct that its only a ‘negative’ feedback loop if you are talking about negative bias against the upside. You could make the case that this is correct in the long term, as the generic long-term trend is upwards.

    November 8, 2008 at 2:13 PM #301954
    kewp
    Participant

    [quote=sdduuuude]
    If it overshoots to the downside, then we may have an underdamped and possibly unstable system (positive feedback or open loop), as I suspect.
    [/quote]

    I think this is the most likely scenario (its always happened in the past with much smaller bubbles).

    Foreclosures beget more foreclosures. Same with short-sales and unemployment. I remember hearing a statistic that during the 80’s slump, when one engineering job left SD, three 7/11 employees went with them.

    You are correct that its only a ‘negative’ feedback loop if you are talking about negative bias against the upside. You could make the case that this is correct in the long term, as the generic long-term trend is upwards.

    November 8, 2008 at 2:13 PM #302011
    kewp
    Participant

    [quote=sdduuuude]
    If it overshoots to the downside, then we may have an underdamped and possibly unstable system (positive feedback or open loop), as I suspect.
    [/quote]

    I think this is the most likely scenario (its always happened in the past with much smaller bubbles).

    Foreclosures beget more foreclosures. Same with short-sales and unemployment. I remember hearing a statistic that during the 80’s slump, when one engineering job left SD, three 7/11 employees went with them.

    You are correct that its only a ‘negative’ feedback loop if you are talking about negative bias against the upside. You could make the case that this is correct in the long term, as the generic long-term trend is upwards.

    November 9, 2008 at 10:46 PM #302053
    wannabe2077
    Participant

    When does California stabalize ?

    November 9, 2008 at 10:46 PM #302414
    wannabe2077
    Participant

    When does California stabalize ?

    November 9, 2008 at 10:46 PM #302422
    wannabe2077
    Participant

    When does California stabalize ?

    November 9, 2008 at 10:46 PM #302440
    wannabe2077
    Participant

    When does California stabalize ?

    November 9, 2008 at 10:46 PM #302496
    wannabe2077
    Participant

    When does California stabalize ?

    November 10, 2008 at 8:19 AM #302153
    sdduuuude
    Participant

    [quote=EconProf]Sduuuuude: Well put indeed.
    You should be teaching economics to those minds-of-mush college students.
    BobS[/quote]

    I would thoroughly enjoy that.

    November 10, 2008 at 8:19 AM #302514
    sdduuuude
    Participant

    [quote=EconProf]Sduuuuude: Well put indeed.
    You should be teaching economics to those minds-of-mush college students.
    BobS[/quote]

    I would thoroughly enjoy that.

    November 10, 2008 at 8:19 AM #302522
    sdduuuude
    Participant

    [quote=EconProf]Sduuuuude: Well put indeed.
    You should be teaching economics to those minds-of-mush college students.
    BobS[/quote]

    I would thoroughly enjoy that.

    November 10, 2008 at 8:19 AM #302540
    sdduuuude
    Participant

    [quote=EconProf]Sduuuuude: Well put indeed.
    You should be teaching economics to those minds-of-mush college students.
    BobS[/quote]

    I would thoroughly enjoy that.

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