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Old 09-19-2009   #211 (permalink)
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Re: Economics business.The Sub-prime Crisis. How bad is it?

Hi Maikeru,

Quote:
Originally Posted by maikeru View Post
I suspect that all our man-made systems are more like "shadows" that mimic natural systems, but have less of the stability, full utilization and capacity, efficiency, natural design, or grace that natural ones do. We must make do with imitations. We can always more closely approach, but never realize the ideal. Realizing this, I believe boom, bust, collapse, and failures as well as successes will be more frequent and, indeed, are inevitable, due to our shortcomings.

As Shakespeare put it, "Lord, what fools these mortals be!"
I don't know how 'natural', the 'natural' systems are but I can say that both 'systems' give you the same results when you have both observation errors and heaps of spin involved.

I have discussed on these forums, many times, that the only way ahead to a clear view of our place in the universe is that we must reduce our observation errors and remove spin entirely from the equation. The same stands for our global system of laissez faire, non accountable, even in their own backyards, government.

The really funny thing is that both problems revolve around a point, a discrete observation point to be precise. At an infinitessimal scale the observation errors between an observer making an observation at a point, and another observer travelling at a relative velocity through that same observation point at the same time reduces to delta x and to zero as delta x approaches zero. That's the difference between spun perception and reality.


----------------
Corollary to the Peter Principle: Once you have promoted all of your competents to their highest level of incompetence you must change your management philosophy from top down to bottom up, because the staff at the bottom are the only competent ones in your entire organisation.

Last edited by LaurieAG; 09-19-2009 at 04:55 PM..
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