Sunday, October 7, 2018

As We Get Ready For Another Week -- After A Most Exciting Weekend -- Chaos Is Self-Organizing -- October 7, 2018 -- Everyone Stayed Home To Watch The End Of Carnival

Gasoline demand. Link here.


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In The Eye Of The Hurricane

"No-drama Obama" vs "Trump chaos." Link here.

Another journalist with no science background. Even a college freshman is aware of the fact that "chaos is self organizing." LOL. The most recent example: the chaotic US Senate was able to get organized enough to have a fairly historic vote.
Self-organization, also called (in the social sciences) spontaneous order, is a process where some form of overall order arises from local interactions between parts of an initially disordered system. ... Chaos theory discusses self-organization in terms of islands of predictability in a sea of chaotic unpredictability.
Personally, I will probably be diagnosed with PTSD before the end of President Trump's first term, but OMG, the successes (not OMG, but rather CNN in this case, I guess).

And now this, from CNBC who, it seems, cannot stop trying to talk the market down:
  • President Trump's corporate tax cut and his business deregulation efforts are not a "sugar high," says Kevin Warsh
  • most economists "never thought the economy could grow this fast," says Warsh, who had been on Trump's short-list for Fed chairman (I think President Trump has said the same thing)
  • "At the end of this year, we may be saying the economy is the strongest since 1999," Warsh predicts
Kevin Warsh? Former Federal Reserve governor and on the short list to be the new Fed chairperson (Jerome Powell was selected instead). I would assume he's pretty smart and would know something about the economy.

This reminds me of the octogenarians at every retirement seminar who shout from the back of the room, "boring is good."

No, "boring is not good." Boring is ... well, boring.

Is it just me but does it seem that whenever President Trump has a press conference or a photo op with a foreign leader he is about the most laid-back guy at the event? It's the US mainstream press that's chaotic, out of control. The foreign press still seems civilized and civil.

By the way, did President Trump go golfing this weekend? I didn't see any media report on that.

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The Carnival Is Over

The Carnival is Over, The Seekers

Wow, so many memories.

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