As i sometimes lag the words …
Stupidity rules … today again … especially in Europe
As I sometimes lag the words to describe that phenomenon …
Wikipedia helped …
“stupidity denotes an incapability or unwillingness to properly consider the relevant information”
YEAH … banker’s disease …
The UNWILLINGNESS to PROPERLY consider RELEVANT information …
NOW WE ALL KNOW
This is exactly what I witnessed TODAY … AGAIN
Tags: stupidity


Februar 5th, 2009 at 17:03
Hello oly,
are you speakig about bce’s decision?
Eu is different from USA, for example houses price are falling sharply only in spain and labor market is not so elastic (reduction & expansion rate), see:
http://www.bloomberg.com/apps/news?pid=newsarchive&sid=a0xkMyc1ZJRo
IMHO is a correct point of view;
and about yesterday posts, i think a new test of novembers low is coming…
regards
matttt