Originally Posted by thommy

no - i do not think it is intellectual - It is a simple matter of course that you have to sow the fruits you harvested BEFORE.

the current state of an economy always results from the past - just as the stock market prices can only shine if the results from the past have shone.

economic consequences are mostly consequences of many micro-economies that are slow to come to light and show their influence.

it is ABSOLUTELY impossible to preview a longterm result of a step taken today. all you can messure is hope - but hope has nothing to do with reality.

whenever we looked back in history - no matter if it was in politics or economy it always came different as expected because some liitle factor was not rethought deep enough.