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Distrust Forecasts, Part 2

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Photo Credit: D.C.Atty || Scrawled in 2008, AFTER the crash started=============================Comments are always appreciated from readers, if they are polite.  Here’s a recent one from the piece Distrust Forecasts.You made one statement that I don’t really understand. “Most forecasters only think about income statements. Most of the limits stem from balance sheets proving insufficient, or cash flows inverting, and staying that way… Read entire story.

Source: The Aleph Blog

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