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Re: Failures in reasoning

Cross-posted to 2 groups.

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"Peter Jason" <pj@jostle.com> wrote in message 
news:b97j1et49v2fjihdg6qak9icalhkrbmdpe@4ax.com...
> On Wed, 19 Dec 2018 12:16:16 +1100, "Rod Speed"
> <rod.speed.aaa@gmail.com> wrote:
>
>>
>>
>>"Peter Jason" <pj@jostle.com> wrote in message
>>news:5d7g1el5sd2sp81fcronmb484nme72k5hi@4ax.com...
>>> On Mon, 17 Dec 2018 15:51:58 +1100, "Rod Speed"
>>> <rod.speed.aaa@gmail.com> wrote:
>>>
>>>>Peter Jason <pj@jostle.com> wrote
>>>>> Sylvia Else <sylvia@email.invalid> wrote
>>>>
>>>>>> Many here have probably wondered why some seem to
>>>>>> think in a different way. Well, there's a possible answer.
>>>>
>>>>>> https://www.economist.com/united-states/2018/12/08/what-psychology-experiments-tell-you-about-why-people-deny-facts
>>>>
>>>>> A prize example is the reasoning of Keynesian economists
>>>>> who think endless spending is a path to prosperity.
>>>>
>>>>That's not what they think.
>>
>>> Oh fer chrissake....!
>>> Read on, and be chastened.....
>>> http://content.time.com/time/specials/packages/article/0,28804,1877351_1877350_1877331,00.html
>>
>>Nothing to do with that silly shit of yours about Keynesian economists.
>>
>>> More snake-oiling here.....
>>> http://content.time.com/time/specials/packages/article/0,28804,1847213_1847216_1847197,00.html#
>>
>>Nothing to do with that silly shit of yours about Keynesian economists.
>>
>>> It's called "Paradigm Prioritizing", that is following
>>> BLINDLY the teaching of past ages, like Darwin, Jesus,
>>> Mohammed, Marx, Keynes, Newton, and a billion more.
>>
>>Keynes never was into endless spending as a path to prosperity.
>>
>>> The trouble is that the present &
>>> future is never exactly like the past.
>>
>>Doesn't need to be. We did in fact do what was necessary
>>when the worst recession since the great depression
>>showed up and recovered much more quickly than
>>we did after the great depression because we did.

> You have but postponed it.

Nope, the unemployment rate has returned to what it
was before most of the world financial system imploded.

> The Man in the Street is still up to his nuts in debt,

Because with interest rates so low, that's what makes sense.

> groaning under a huge mortgage,

Because with interest rates so low, that's what makes sense.

> and the housing boom is the only game in town.

Even sillier and more pig ignorant than you usually
manage. And the boom has come off for quite a
while now in Sydney, Melburg, Perth and BrizVegas.

> Oz wages are spent overseas

Even sillier and more pig ignorant than you usually manage.

> and investment income is miniscule.

Even sillier and more pig ignorant than you usually manage.

> Only a recession can alter the spendthrift thinking.

Even sillier and more pig ignorant than you usually manage.

> Just wait and see.

We've seen, we didn't even get a recession when
most of the world financial system imploded
spectacularly and NOT ONE retail bank imploded
here or even needed  to be bailed out either.

> A hard rain's gonna fall;

Fools claimed that in 2008, didn't happen here.

> something wicked this way comes;
> the music's gonna stop; etc.

Only in your pathetic little drug crazed drunken fantasyland.

> Wake up Oz!

Go back to sleep, stupid.

>>>>> Thrift is the only way, tried and proved.

>>>> Even sillier than you usually manage, and that's saying something. 

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Thread

Failures in reasoning Sylvia Else <sylvia@email.invalid> - 2018-12-17 12:12 +1100
  Re: Failures in reasoning Peter Jason <pj@jostle.com> - 2018-12-17 12:47 +1100
    Re: Failures in reasoning "David (Kronos Prime) Fuller" <fuller.david@hotmail.com> - 2018-12-16 18:25 -0800
    Re: Failures in reasoning "Rod Speed" <rod.speed.aaa@gmail.com> - 2018-12-17 15:51 +1100
      Re: Failures in reasoning Peter Jason <pj@jostle.com> - 2018-12-18 09:13 +1100
        Re: Failures in reasoning "Rod Speed" <rod.speed.aaa@gmail.com> - 2018-12-19 12:16 +1100
          Re: Failures in reasoning Peter Jason <pj@jostle.com> - 2018-12-19 12:27 +1100
            Re: Failures in reasoning "Rod Speed" <rod.speed.aaa@gmail.com> - 2018-12-19 14:15 +1100
              Re: Failures in reasoning Peter Jason <pj@jostle.com> - 2018-12-19 14:56 +1100
                Re: Failures in reasoning "Rod Speed" <rod.speed.aaa@gmail.com> - 2018-12-19 15:49 +1100
                Re: Failures in reasoning Peter Jason <pj@jostle.com> - 2018-12-20 07:36 +1100
                Re: Failures in reasoning "David (Kronos Prime) Fuller" <fuller.david@hotmail.com> - 2018-12-19 12:53 -0800
                Re: Failures in reasoning "Rod Speed" <rod.speed.aaa@gmail.com> - 2018-12-20 14:45 +1100
                Re: Failures in reasoning Peter Jason <pj@jostle.com> - 2018-12-20 15:58 +1100
                Re: Failures in reasoning "Rod Speed" <rod.speed.aaa@gmail.com> - 2018-12-20 17:23 +1100
                Re: Failures in reasoning Peter Jason <pj@jostle.com> - 2018-12-21 09:50 +1100
                Re: Failures in reasoning "Rod Speed" <rod.speed.aaa@gmail.com> - 2018-12-21 15:16 +1100
                Re: Failures in reasoning Peter Jason <pj@jostle.com> - 2018-12-22 09:51 +1100
                Re: Failures in reasoning "Rod Speed" <rod.speed.aaa@gmail.com> - 2018-12-22 10:25 +1100
                Re: Failures in reasoning Peter Jason <pj@jostle.com> - 2018-12-22 10:47 +1100
                Re: Failures in reasoning "Rod Speed" <rod.speed.aaa@gmail.com> - 2018-12-22 13:57 +1100
  Re: Failures in reasoning Gary Harnagel <hitlong@yahoo.com> - 2018-12-16 19:56 -0800
    Re: Failures in reasoning Sylvia Else <sylvia@email.invalid> - 2018-12-17 22:22 +1100
  Re: Failures in reasoning mlwozniak@wp.pl - 2018-12-17 04:51 -0800
  Re: Failures in reasoning JanPB <filmart@gmail.com> - 2018-12-17 14:37 -0800

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