Originally posted by !! Shawn
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I don't know what the nature of your "economics' education was, but the first thing I was taught is there is no constants, and that the economy is and always has been unpredictable. It was made clear that the best thing we can take from the course is a foundation to formulate our own plans. And that the terminology is across the boards, so knowing it wont hurt. Another important fact lectured to us was that the more you know, the more you have to admit you don't know. That put into perspective I have to speculate we are on the same page, debating another book. "sounds just like the economy" I know damn good and well there isn't a text book in the world that can properly outline economy. If there were, hell there would be no problem now would there. I only argue that the average American, the voting American, the INVESTING American should know the framework. You know the true difference between liberal and conservative. Socialist and Capitalist.
And the fact that they as consumers drive the economy. To not subject themself to the "psychology" of the different business cycles. That is my point. To me an argument against seems silly.
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