Economics

5 12 2010

Economics is a very confusing subject to me. As an engineer, my thought processes are rooted in logic. I see this trait in most of my colleagues too. i fail to understand how the money and shares markets work. How is it that a company does not have to make a profit but still see it’s shares skyrocket? How do you sell “futures”? Here is a video that demonstrates how crazy economics can be to the common person.

There is a lesson in that video you just saw. Sometimes because we are ignorant of the way things are, we are afraid to question the people who are running the show. When in fact they themselves have no idea what is going on.

Advertisements

Actions

Information

Leave a Reply

Please log in using one of these methods to post your comment:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s




%d bloggers like this: