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From: Rich <rich@example.invalid>
Newsgroups: comp.os.linux.misc
Subject: Re: "DeepSeek" - China AI App Shakes Up Tech Markets
Date: Thu, 30 Jan 2025 17:39:27 -0000 (UTC)
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The Natural Philosopher <tnp@invalid.invalid> wrote:
> On 29/01/2025 14:18, D wrote:
> 
>> "At my age, going back means giving red envelopes to the younger 
>> generation, and I simply don't have the money to do that," he told the 
>> Financial Times.
>> How the economy in China and Sweden fared China Sweden
>> GDP growth 5.0% 0.6%
>> Inflation 0.2% 2.8%
>> Unemployment 5.1% 8.4%
>> Public debt/GDP 84% 34%
>> Note: Swedish figures are Nordea's latest forecast. China's figures are 
>> a combination of outcome and forecast
>> Source: Nordea, IMF
>> 
> 
> The problem is the rise of fairly dictatorial governments everywhere who 
> think that:-
> 
> - economists actually understand and can accurately model, economies.

Given that 90+% of "the economy" is built upon how individual members 
of that economy emotionally feel things "are" at the given moment in 
time, this point *should* be readily apparent to everyone.  Of course, 
if one begins without the understanding that 90+% of "the economy" is 
based in "emotions" then maybe it is easier to believe that the 
economist's 'predictions' might have some merit.