I know people like to dunk on Larry Summers, but the great thing about his prediction is no matter what happens with the economy he can say he was right.
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So good
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Can someone get me a one-handed economist?
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I'll take door #3 with 85% probability. The first two would require coronavirus variations that force us back to square one (no vaccine, shut-downs, supply chain disruptions).
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This is like that economist I heard on tv in the 90s that said, "whatever's going to happen will happen".
well que sera sera M-F!
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Speaking of predictions by Larry Summers, here is Summers with two bad ones. In DEC 1989 he failed to see Japan was in the midst of a spectacular bubble or notice that the USSR was in the midst of collapsing. But sure, lets listen to him now.pic.twitter.com/TtT0As3l1D
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Also, in honor of Women’s History Month, let me remind everyone that Larry Summers said
this
“nobody has thought of this before, but maybe, lady brains are bad at science,...” - Show replies
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My prognosis: there is a 50% chance that anything could happen
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either it will or it won't, so
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