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kewp
Participant[quote=esmith]You are referring to *positive* feedback loops. Negative feedback loops attenuate perturbations, positive feedback loops amplify them.[/quote]
You are correct, sir. I shall not use negative feedback loops in that context again.
Anyways, I prefer the term ‘contagion’. It emphasizes the insidious aspect of the economic decline.
kewp
Participant[quote=esmith]You are referring to *positive* feedback loops. Negative feedback loops attenuate perturbations, positive feedback loops amplify them.[/quote]
You are correct, sir. I shall not use negative feedback loops in that context again.
Anyways, I prefer the term ‘contagion’. It emphasizes the insidious aspect of the economic decline.
kewp
Participant[quote=esmith]You are referring to *positive* feedback loops. Negative feedback loops attenuate perturbations, positive feedback loops amplify them.[/quote]
You are correct, sir. I shall not use negative feedback loops in that context again.
Anyways, I prefer the term ‘contagion’. It emphasizes the insidious aspect of the economic decline.
kewp
Participant[quote=esmith]You are referring to *positive* feedback loops. Negative feedback loops attenuate perturbations, positive feedback loops amplify them.[/quote]
You are correct, sir. I shall not use negative feedback loops in that context again.
Anyways, I prefer the term ‘contagion’. It emphasizes the insidious aspect of the economic decline.
kewp
ParticipantGreat find!
Yes, people in usually bad at understanding negative feedback loops. The current economic crisis reminds me of some of the problems with climate models and global warming; as the earth is warming much faster than anyone anticipated again due to not taking into account negative feedback loops.
I agree that time lags are a huge issue. I’ve said for the last year that October ’08 would be a watershed month for our economy. Why? It was six months past the peak of subprime ARM resets. Ergo, that is about when the shockwave would hit the financial markets. I think many, many folks are going to be deeply surprised at the breadth and depth of the downturn over the next few years.
Re: casual observations.
I’ll disagree. I live in Hillcrest and it seems much less busy than usual for this time of year. Highway traffic also seems light and I park closer to the entrance at CostCo everytime I shop there. Plus they only have a few registers open and I still don’t have to wait long at all.
kewp
ParticipantGreat find!
Yes, people in usually bad at understanding negative feedback loops. The current economic crisis reminds me of some of the problems with climate models and global warming; as the earth is warming much faster than anyone anticipated again due to not taking into account negative feedback loops.
I agree that time lags are a huge issue. I’ve said for the last year that October ’08 would be a watershed month for our economy. Why? It was six months past the peak of subprime ARM resets. Ergo, that is about when the shockwave would hit the financial markets. I think many, many folks are going to be deeply surprised at the breadth and depth of the downturn over the next few years.
Re: casual observations.
I’ll disagree. I live in Hillcrest and it seems much less busy than usual for this time of year. Highway traffic also seems light and I park closer to the entrance at CostCo everytime I shop there. Plus they only have a few registers open and I still don’t have to wait long at all.
kewp
ParticipantGreat find!
Yes, people in usually bad at understanding negative feedback loops. The current economic crisis reminds me of some of the problems with climate models and global warming; as the earth is warming much faster than anyone anticipated again due to not taking into account negative feedback loops.
I agree that time lags are a huge issue. I’ve said for the last year that October ’08 would be a watershed month for our economy. Why? It was six months past the peak of subprime ARM resets. Ergo, that is about when the shockwave would hit the financial markets. I think many, many folks are going to be deeply surprised at the breadth and depth of the downturn over the next few years.
Re: casual observations.
I’ll disagree. I live in Hillcrest and it seems much less busy than usual for this time of year. Highway traffic also seems light and I park closer to the entrance at CostCo everytime I shop there. Plus they only have a few registers open and I still don’t have to wait long at all.
kewp
ParticipantGreat find!
Yes, people in usually bad at understanding negative feedback loops. The current economic crisis reminds me of some of the problems with climate models and global warming; as the earth is warming much faster than anyone anticipated again due to not taking into account negative feedback loops.
I agree that time lags are a huge issue. I’ve said for the last year that October ’08 would be a watershed month for our economy. Why? It was six months past the peak of subprime ARM resets. Ergo, that is about when the shockwave would hit the financial markets. I think many, many folks are going to be deeply surprised at the breadth and depth of the downturn over the next few years.
Re: casual observations.
I’ll disagree. I live in Hillcrest and it seems much less busy than usual for this time of year. Highway traffic also seems light and I park closer to the entrance at CostCo everytime I shop there. Plus they only have a few registers open and I still don’t have to wait long at all.
kewp
ParticipantGreat find!
Yes, people in usually bad at understanding negative feedback loops. The current economic crisis reminds me of some of the problems with climate models and global warming; as the earth is warming much faster than anyone anticipated again due to not taking into account negative feedback loops.
I agree that time lags are a huge issue. I’ve said for the last year that October ’08 would be a watershed month for our economy. Why? It was six months past the peak of subprime ARM resets. Ergo, that is about when the shockwave would hit the financial markets. I think many, many folks are going to be deeply surprised at the breadth and depth of the downturn over the next few years.
Re: casual observations.
I’ll disagree. I live in Hillcrest and it seems much less busy than usual for this time of year. Highway traffic also seems light and I park closer to the entrance at CostCo everytime I shop there. Plus they only have a few registers open and I still don’t have to wait long at all.
kewp
Participant[quote=DWCAP]
That is just an example. I am not saying that cutting driving didnt hurt, or was a happy choice, but it was a choice that had to be made. So again I ask: “Why cant they cut more?”
[/quote]
Americans over-consume. They can and will cut more.
They have to.
kewp
Participant[quote=DWCAP]
That is just an example. I am not saying that cutting driving didnt hurt, or was a happy choice, but it was a choice that had to be made. So again I ask: “Why cant they cut more?”
[/quote]
Americans over-consume. They can and will cut more.
They have to.
kewp
Participant[quote=DWCAP]
That is just an example. I am not saying that cutting driving didnt hurt, or was a happy choice, but it was a choice that had to be made. So again I ask: “Why cant they cut more?”
[/quote]
Americans over-consume. They can and will cut more.
They have to.
kewp
Participant[quote=DWCAP]
That is just an example. I am not saying that cutting driving didnt hurt, or was a happy choice, but it was a choice that had to be made. So again I ask: “Why cant they cut more?”
[/quote]
Americans over-consume. They can and will cut more.
They have to.
kewp
Participant[quote=DWCAP]
That is just an example. I am not saying that cutting driving didnt hurt, or was a happy choice, but it was a choice that had to be made. So again I ask: “Why cant they cut more?”
[/quote]
Americans over-consume. They can and will cut more.
They have to.
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