February 26, 2008

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Statistics traps

Many times we have spoken here of what they are traps and manipulated statistics, especially when we talk about prices. But this is not new, until I knew that Homer Simpson once said: Homer

"Oh Kent, people would invent such statistics to prove anything, and that only knows what 14% of the people."

Although statistics from time to time we can give something curious, for example:

In the Vatican there are two popes per square kilometer.

And even reach some conclusion dangerous:

20% of traffic accidents happened when the driver is drunk. Therefore, 80% of traffic accidents happened when the driver is sober. As a result, it is safer to drive drunk to sober.

The worst happens when one starts to think these singularities and disregards the reality, this time the anger we miss the economic daily Les Echos that said: "There is no worse blind as those who will not see. Spain has reached the end of a cycle. "In an article very hard to reach this conclusion:

"But the Spaniards should not look the other way: the road will be long. His country did not have enough non-exporting companies and highlights precisely because of its high technology. And to make matters worse, Spain suffers from a competent educational system, if we look at the famous Pisa report, despite the presence of renowned business schools and some universities at the international level. Whoever wins the elections on March 9, must manage a brutal slowdown in the economy and painful reforms. The feast is finished. "

And the truth is that we are talking about structural ills, such that it does not create a legislature, but that comes from long, like our obsession and even in complex thinking that only we can be competitive in the services sector without investing in R + D.

As for the news "Mortgage" yesterday, we have the measure submitted by Solbes to lengthen the term of the mortgage to families in distress, and discussed a lot around here but I'm staying with the following summary in which it outlines 3 points: Firefighter

  1. This is a misleading
  2. This is an impractical
  3. This is a discriminatory measure.

As you see, has not been very well received because this measure is put out as many say fire with gasoline.

I once mentioned here that the great fortunes are made in major crisis, perhaps we should not temerlas both and try to find those opportunities (How much do you earn a collector of Frac?) In this environment we have at that Visa is set to become the higher output in the U.S. stock market, which expects to draw no less than 12,650 million euros. Undoubtedly, the debts are a negociazo.

How do you suppose that one crisis to affect your work?. For example, this website the day I had more visits was the biggest drop in stock market ...

Written by Carlos Lopez on February 26, 2008 with 218 comments
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