SuperComputer and Global Economic Collapse

Global economy is imploding. Everybody has an opinion, and opinions are like arse's everbody has one. Why aren't Super Computers being used to model different economic scenario's?

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[bigcollapso]

I think that the problems are more in the emotional/political domain than the logical domain that computers could help with. In my experience the government officials would never obtain the opinion/advise from anything/anyone than might not give the answer they want. They expect to be able to create the problems so that they can produce the answers. Real problems like collapse are frustrating diversions to their agenda.

[valhala56]

Well I was thinking eventhough it may offer no solutions, just do it for the hell of it. I am now playing a multiplayer internet game that is very complex, they also spent millions developing it for entertainment purposes. Now I know it is not a real economy and neither is the Jet aircraft anything but a scale model that they put in a wind tunnel. But it does provide some usefull data.

So if they can spend $400 Million on Avatar,$100 mil on a game, why not severel Million on the fate of world.

[thezoj]

Impossible...you cannot predict what markets will do. Why? Well, you cannot know what decision an individual will make. Let alone a crowd. Why overcomplicate things anyways? The problem is very simple.

SNL Figured it out

"Don't Buy Stuff You Can't Afford!"

You want to fix the problem and have an economy that will actually last?

Ban Leverage!!!

Want to make more money? Quit being lazy and increase efficiency.

[BLynchCAN]

Is it that complicated? Owe trillions of dollars, print trillions of dollars, end of currency. Always happens, oh, almost forgot, then massive war.

[valhala56]

@thezoj First of all, it's just a model. Just like all the charts, graphs and stastics economist use. Just a tool. Second you can program in random events or even better game it with actual humans and study that.

[thezoj]

@valhala56 Read Nassim Taleb's "Fooled by Randomness" and "Black Swan" Sometimes we just don't know.

[valhala56]

Yeah, one thing more plentifull then gold is weapons. The typical household arnsenal could almost field a squad of troops in afghanistan. Everything but grenades.

I think if there is major collapse it will be martial law and mayhem with weapons at the same time.

The oddball massmurdering gunmen we are used to every month or so will become a daily experince here in the US.

[limitedplay]

@valhala56 pretty scary huh, not to mention how many people will actually try and take your gold dead or alive once they know you have it lol, stay safe

[valhala56]

Pretty much why I am cashing in cd's, selling all worthless crap, and digging change out of my couch to buy all the gold/silver I can.

[limitedplay]

this is one step away from really hitting the fan. if a major oil producing nation decides to stop accepting the US dollar for oil you would see gold hit 5k overnight

[believerornot]

Obama could solve it overnight by nationalising the federal reserve and installing a gold backed currency, which will immediately wipe out the bulk of debt and stabilise the dollar.. But his backers wont let him do that

[valhala56]

Haha, ok so your saying a model created in computer would be erroneous, but one employing a chart on a piece of paper would not. Well that is the funniest thing I heard all damn day. What makes you think Assumptions on a piece of paper makeing a chart is any more reliable?

Look friend I am not saying make a model global economing in a computer & do what is says, I'm saying do it for helluva it. they spend $100 million on game you would think they could do the same for the fate of the world.