May 31, 2009
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FYSA- Peter Schiff was the Economic Advisor to Ron Paul. Micheal Hudson was the Econommic Advisor to Dennis Kutisnish
Micheal Hudson is Yoda....
Peter Shiff was Right if you have not seen it:
Here is Six Minutes with Micheal Hudson:
Peter Schiff was the Economic Advisor to Ron Paul. Micheal Hudson was the Econommic Advisor to Dennis Kucinich (SP)
In the last (4th) video towards the end Hudson talks about debt growing exponentially and the economy (and herds in Babylonia) growing in an "s-shaped" way. I think he is alluding to solutions to the "logistic equation"(1,2). See this for some rather astonishing examples: 3 (pdf), 4 (pdf) ...
See figure 2.2.7 here for another example.
My favourite quote the topic of "logistic" processes is the following (see bottom of p.25 here:
"Three parameter logistic equations fit the evolution of the car population perfectly. The behavior suggests quasi-biological, internally generated determinism that belies the significance of engineering, economics, marketing, and media as diffusion stimuli. Their role is seen to be more a response to, than an initiator of, change."
Trying a translation of the sentence that follows that quotation:
"That would be explosive sentences - if you were allowed (or "if you could") to indiscriminately infer from the logistic course (or "distribution") of data the logistic mechanism of their generation.
Again, have a look at figure 2.2.7 here.
was that 1st vid really from 5/29 or from a couple months back?