Monday, June 1, 2009

China Not Buying Change!™


One of the problems with relying upon static analysis is that you assume a box. And that all the variables inside the box are the only variables you need to worry about.


That's why you hear folks say things like, "you need to think outside the box."


Another feature of the static box is that it tends to become an echo chamber. You hear the same responses to the same variables over and over again. Of course this leads to both self-reinforcement of certain opinions and another popular antidote for static box echo effects, "if you're digging yourself into a hole, stop digging."


At some point one needs to think outside the box and to stop digging a deeper hole.


This is the advice of our Chinese friends to the man who is in charge of our financial future, Treasury Secretary Tim "Taxman" Geithner. From Bloomberg:


"Seventeen of 23 Chinese economists polled in connection with Geithner’s visit said holdings of Treasuries are a “great risk” for the nation’s economy, according to a Chinese state media report yesterday...


“It will be helpful if Geithner can show us some arithmetic..."


Yeppers. It would be helpful to see some math. Part of the cant of the Left is that Republicans are anti-science. I guess it's time to point out that Leftists are anti-math. (Which goes a long way toward explaining their "scientific views".)