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Forecasting for disaster : Comments
By Mark S. Lawson, published 3/8/2012For as those who study forecasting systems point out, any fool can foretell the past, the real trick is to say something useful about outcomes unknown at the time the forecast was made.
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And it's worth pointing out that the alleged 'feedback loop' on which all the hysteria is based has never actually been observed under experimental conditions. You'd think, with tens of billions of dollars sloshing around, that SOMEONE could have found a few bucks to set up a couple of sealed chambers and test their fundamental hypothesis: but no, that was conveniently overlooked.
Keep throwing the deckchairs overboard, folks: you're bound to find something that will float eventually.