Originally Posted by
CRJJ
Thank God you didn't try to sound pessimistic. It's impossible to figure out what's gonna happen next day, next week or next month, but you think you can talk about another lost decade? Geez.
it is not impossible, economists do it all the time, it’s called “econometrics”. Business decisions are made every day on economic forecasts based on statistics, previous patterns and behaviors and other data to try to predict the future. It’s not a science but gives you a pretty good idea of what is coming. A recession (about to turn into a depression) like this hasn’t been seen since1929 and it’s just starting, but what do I know, it’s not like I am an economist ...