Pam Pas

Criza anumitor institutii financiare din US, precum si fasairea anumitor fonduri de investitii cu risc ridicat aduc in prin plan analizele si comentariilor economistilor.

Iata aici un bun exemplu de analiza a analizelor si sfaturilor economistilor. In afara de titlul belicos “Nu-i credeti pe economistii americani” textul este relativ interesant.

The dismal record of forecasting crashes and recessions we economists have is not new. The crash of 1929 and the Great Depression came as an unexpected avalanche to economists, particularly those in the hall of fame. Fourteen days before Wall Street crashed on Black Tuesday, October 29, 1929, Irving Fisher, America’s most famous economist, Professor of Economics at Yale University, said: “In a few months I expect to see the stock market much higher than today.”