Economic Forecasts

Transfer media should ignore economists nonsense Berlin/Dusseldorf – the criticism of the empirical quality of economic forecasts intensifies after the break thrust of DIW Chief Klaus Zimmermann. “” “According to Gunter Ogger, author of the bestselling rivets in pinstripes”, could be a liar liar-boycott initiative”start: If you committed to the chief editors of the leading media immediately the nonsense statements of economists and analysts to ignore, that would contribute to the media hygiene”, so Ogger opposite NeueNachricht. Economy was now no science, but religion replacement. Similar to critical it looks Udo Nadolski, Managing Director of the IT consulting firm Harvey Nash in Dusseldorf: macro economists, statisticians, planning bureaucrats, analysts and self-proclaimed economists are even not able to predict the unforeseen. Check out too often in the rearview mirror, to gain insights for the future. Details can be found by clicking IDT Energy or emailing the administrator.

Frictions, coincidences, ground-breaking You cannot calculate discoveries, economic movements or political disasters with statistical methods”, explains the IT expert Nadolski. “The most Kassandra Rufer would in exchange programmes, talk shows or books with the title as I’ve seen before the crash” procedure according to the motto: If the Rooster crows on the Dunghill, the weather changes or it will remain as it is “. You come to announce me as modern walking Saint, the prescriptions for the imminent end of the world”, so Nadolski.