Comparative Economics: Comparate to What?

comparative economics comparate to what:

in each and every situation therein lies a problem. what has gone before and what will actually happen. economic constraints, comparate to repetitive economic acts of the past, limit what is expected in the market. because the economy changes, and yet we are held to our memory of what we as economic agents do, we hold little or no expectations for the change in economic direction.

when the bond market was large, corporate bonds, junk bonds what have you, private bank lending to corporations and companies was less as it crowded out debt supply in the interest rate market. interest rates are hotly debated now, which way they will move and when, whether interest rates will stay low indefinitely until there is rampant inflation or what? opinion is split. there are those holding debt who would welcome it, the split is between those who have indifferent memories of inflation and those who suffered under it. applying huge econometric models of macroeconomic behaviour seems futile thus, when everyone has their own political and economic agenda. the 20th Century AD was punctured by economic start stop and frustrated demand only satisfied during periods of mini economic boom time.

people want to see things. that is the latent demand of the past rather realized only in recent times, globalization of the media, the world wide web, the cloud, the press, expectations and economic gains. what was only shown on screen in pictures, many have lived in 3D, sampled the lifestyle, enjoyed the scenery, drunk the red liquid, felt young and alive, all because they lived out what they could only imagine.

some would like consolidation and standardization in the world of finance, easy asset to asset transfer, transferability is crucial to business. being able to do it all online instantly, the financial dream of many. business in the past was always an event, the right professionals, the right product, the right way to do these things! now it's about accessibility and ease! the internet changed everyone's opinion.

however, what they say is true the past repeats and why, we have the same economic acts happening in long cycles, a construction boom here and there, everyone wants a house of their own, a social boom, which is long reported after, and always a quiet period where it seems little business happening but private capital is being accumulated. human capital was always essential, the knowhow and experience contained often in only one man or woman, wherein lies the entire problem of economics, how to account for the actions of only a few participants in the global economy.

CLEARCHARGE