Speaking about forecasts, the Ruble is trading higher than before the sanctions. This example was unfortunately an easy one when looking at energy markets and import/export but it serves as a great example for why it’s a non starter to use ‘new insight’ as a defense when something turns out to be wrong, while calling it hindsight when a past decision is criticized.
New kinds of problems, Part II
New kinds of problems, Part II
New kinds of problems, Part II
Speaking about forecasts, the Ruble is trading higher than before the sanctions. This example was unfortunately an easy one when looking at energy markets and import/export but it serves as a great example for why it’s a non starter to use ‘new insight’ as a defense when something turns out to be wrong, while calling it hindsight when a past decision is criticized.