Economics... Astrology for Bankers?

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 Hello to all you women, men, & gentlethems,

 

Today were diving into why economics is just astrology for bankers.

Before we dive in, I've done a college course in economics for my project management diploma requirements so I know just enough to be cocky about my opinion on the topic. 

Everyone likes to moan about how bad the economy is but the reality is that the economy is as made up as astrology. As my husband says, "Economists have predicted 15 of the last 4 recessions." These are informed decisions based on past trends, but at the end of the day, they are just predictions and predictions can be wrong because not one person can predict the future. 

In that sense, it is kind of like astrology. Using vague predictions to try to get it right. The only difference between and economist and your friend Jessica who tells you that your life is falling apart because Mercury is retroactive is that economists can actually ruin your life. Economists predictions have real world consequences that bankers and the people in charge really listen to.

 All this is to say that economist predictions aren't real but it's kind of a self-fulfilling prophecy because the people in charge think it is real. 

"The Economy" is part of why I'm struggling to find a job, why many people struggle to put food on the table, and why we are seeing an increase in the population of unhoused people, but the economy isn't to blame, economists are, along with their stupid predictions. By no means, are they the only reason but they are a huge contributing factor. 

So next time you lament about "The Economy" think about whether it truly is thee economy or the bankers taking their astrologist's advice WAY to seriously.

 

 As always,

Try to find the light in the world.

-Ellie xx 

 

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