FORECASTING THE ECONOMY: Keynesian Economics vs. Austrian Economics – [VIDEO]

The 2 videos are designed to convince you that the Austrians’- economic predictions are more accurate for use laser rangefinder -Laser Rangefinder for hunting.

The first video has an intro in French, sorry for that, but the rest of the video is in English (with French subtitles).

Keynesians’- forecasts (featuring Ben Bernanke and Paul Krugman) vs. Austrians’- forecasts (featuring Ron Paul and Peter Schiff):

BetFair set a price range for its initial public offering on the London Stock Exchange at $17.48 to $22.25 a share, valuing its equity at up to $2.35 billion.

&#8220-The wide price range, for an equity value between ?1.16 billion and ?1.48 billion, reflects mixed views on the company&#8217-s prospects for growth in countries with strict regulations on gambling, such as the U.S., and for its new financial-trading platform, LMAX.&#8221-

Nouriel Roubini on carry trade… and the anemic recovery

Doctor Gloom:

Jim Rodgers on gold:

Ben Shannon on his misguided SELL stock market call delivered just before the stock market rally

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Ben Shannon on his &#8220-SELL&#8221- market call

Previously: Wiser Than The Stock Market &#8212- NOT

UPDATE: Andrew Page + Henry Blodget

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Wiser Than The Stock Market – NOT

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Ben Shannon (alias &#8220-Jesse Livermore&#8221-, who blogs at &#8220-Wiser Than The Crowd&#8221-) claims on his blog to have an uncanny ability at forecasting the future and profiting from it, whether it is speculating on InTrade&#8217-s prediction markets or on the US stock market. Here is his stock market call from July 10, 2009:



The stock market is up about 12% since Ben Shannon&#8217-s &#8220-sell sell sell&#8221- call on July 10th.

Spot the 10th on the chart&#8230- Ben Shannon sold the exact bottom immediately before the rally.


Thanks to Deep Throat for the tip.

UPDATE: Ben Shannon on his &#8220-SELL&#8221- market call

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