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» Jas_Jain - A Must Watch Video to Understand Rogue Economists -- Achuthan on

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A Must Watch Video to Understand Rogue Economists -- Achuthan on Bloomberg . . .

From: XXX
To: jas_jain@hotmail.com
Subject: Achuthan on Bloomberg . . .
Date: Mon, 14 Apr 2008 08:08:18 -0700

>Jas, in case you have not seen the interview, scroll down the Bloomberg video list at the link below for the interview with Achuthan. Be prepared to lose your breakfast: nauseating.

http://www.bloomberg.com/avp/avp.htm?cli...

Good thing is that I don't eat breakfast!

This guy is personification of rogue economists. I know people who have been cult followers of this guy for the past 5-6 years (hence, my use of Guru Lakshman Achuthan). He has been lying about the true forecasting record of ECRI, but most people are too lazy to find that out. But this time he has outdone himself.

Economists as a group, including in academia, are a very important part of the Great American Propaganda Machine that has helped in breeding economic dopes. More consumption is a solution to America's problems, short or long term? Excessive consumption is what has gotten American economy in a deep dodo from which it will not recover for a very long time.

Jas

-- posted by Jas_Jain