The economy is basically a chaotic system that is impossible to predict. It's kind of like the weather: More than a few days out you just don't know since there are so many variables and feedback loops.
Uh, that the housing bubble would end was absolutely predictable. It wasn't a matter of butterflies in the Himalaya perturbing the system. When the housing would was hard to predict.
That poor policies result in problems is not unpredictable and so it's quite predictable that this "recovery" will end in grief. When it will end is a different matter but your analogy with the weather is misplaced
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It ain't over till the fat lady sings.
The economy is basically a chaotic system that is impossible to predict. It's kind of like the weather: More than a few days out you just don't know since there are so many variables and feedback loops.
Uh, that the housing bubble would end was absolutely predictable. It wasn't a matter of butterflies in the Himalaya perturbing the system. When the housing would was hard to predict.
That poor policies result in problems is not unpredictable and so it's quite predictable that this "recovery" will end in grief. When it will end is a different matter but your analogy with the weather is misplaced