Former Federal Reserve Chairman Alan Greenspan said Sept. 30 that the U.S. economy will probably slow next year as the surge in stocks comes to an end. …“The odds are we flatten out,” he said of stocks in a Bloomberg Television interview. “That flattening out will put some sort of dull face on 2010.” - Bloomberg1
Wasn’t it some guy name of Fred Nietzsche talked about hysteria repeating itself?
The stock market crash of 1929 and the subsequent Great Depression cost Fisher much of his personal wealth and academic reputation. He famously predicted, a few days [October 17, 1929] before the Stock Market Crash of 1929, "Stock prices have reached what looks like a permanently high plateau." Irving Fisher stated on October 21 that the market was "only shaking out of the lunatic fringe" and went on to explain why he felt the prices still had not caught up with their real value and should go much higher. …
Don’t look down.2
Visitors to Disney’s Epcot theme park in Orlando, Fla., will be able to use a touch screen to choose whether to design a roller coaster, bobsled or jet ride. Then they can use engineering tools like rulers and speed dials to add hills and corkscrews to the rides, while mathematical formulas for things like velocity and acceleration flash across the screen.
When the design is complete, the Epcot visitors can climb into a robotic simulator designed by Raytheon and Disney engineers to experience the ride.
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[1]: "Dow Tops 10,000, Led by Banks, on Rebound From Lehman", by Jeff Kearns and Mary Childs, Bloomberg, October 14, 2009.
[2]: "Designing a Ride and Learning Math at Epcot", by Claire Cain Miller, New York Times, October 14, 2009.
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