Forecasting Whatever Trend is in Motion Will Remain in Motion is Standard

COMMENT: Mr. Armstrong; I believe I understand your criticism about analysis. Whatever trend is in motion people assume will remain in motion. This is dangerous in managing a company, economy, and climate. I read the New York Time from 1961 when they said the climate was getting colder. Perhaps we need to teach a course on how to analyze for the one thing that is certain, tomorrow is not identical to today.

PG

REPLY: You are correct. This type of forecasting is subject to human emotion. The only possible way to overcome this is to teach cyclical analysis for everything goes through a cycle. It is also why I have spent my time in creating a computer to analyze the future objectively. We should probably replace courts with an AI computer. Then, and only then. can we end political prosecutions.  Edward Snowden remains under the protection of Putin for revealing to the public that the government was violating the constitution. The politicians call it treason to expose what they are doing which is illegal. They assume they are the embodiment of the nation and forget it is the people who are the sovereign – not them!

Forecasting that the world was getting colder was not profitable for the academics. However, by blaming humans for it getting warmer was a winner! No government can tax people for the privilege of making the climate actually change regardless if it was true or not. But blame humans and it becomes a justified tax. If it’s nature – governments can’t make anything out of that one.