International Journal of Inactivism (now supplanted by Decoding SwiftHack)

2008/10/02

"Wall Street crisis" cancelled!

cite as: F. Bi. 2008. “Wall Street crisis” cancelled! Intl. J. Inact., 1:148

If you can solve a financial crisis by altering the scale of a graph axis, will you do it? Now, a Dow Jones plunge of about 500 points may sound like a lot, and it may even actually hurt your savings, but if you look at it the right way then perhaps it’s not so bad after all! Really! :-B

(This graph was inspired by Jennifer Marohasy’s recent ‘proof’ that there’s no global warming — in turn probably inspired by Ron Rychlak’s presentation at the Heartland denial-fest.)

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7 Comments »

  1. [...] the same robust scientific methodology used by climate change deniers, the brave writers at the International Journal of Inactivism have cancelled the current financial crisis with a simple [...]

    Pingback by “Wall Street crisis” cancelled! » scruffydan.com/blog -Kill bill C-61 — 2008/10/03 @ 00:55 | Reply

  2. [...] Jones Average that the Deniers use with climate data to show that there is no financial crisis – “Wall Street crisis” cancelled! Dow Jones [...]

    Pingback by Climate Deniers Can Prove there is no Financial Crisis « Greenfyre’s — 2008/10/03 @ 02:00 | Reply

  3. there is no stock market crisis. we’ve seen the stock market go up and down in the past. this is just another cycle. the people who claim there is a manmade stock market crisis are just trying to keep the population scared so their own salaries will be paid. if we spend money on the stock market crisis, that will steal the money we could use to end world hunger and disease. it would be too expensive for us to end the stock market crisis, it would end our way of life. anyway, even if we change our lifestyle to end the stock market crisis, people in the developing nations won’t and the crisis will continue anyway. besides, how do we know what the appropriate level for the stock market is? many studies suggest that the stock market crisis will usher in an era of enhanced productivity. besides, the stock markets on other planets are also crashing.

    Comment by gzuckier — 2008/10/03 @ 02:34 | Reply

  4. gzuckier

    I think it is clear that the market is being driven by solar cycles http://www.nytimes.com/2008/10/03/science/space/03sun.html?ex=1380772800&en=856c57d5f03252ae&ei=5124&partner=digg&exprod=digg. The correlation is undeniable “There are a number of researchers who predict the next solar cycle,” he said. “There are also a number of investment counselors who predict the future of the stock market.” QED

    Comment by greenfyre — 2008/10/04 @ 03:46 | Reply

  5. All just lies.
    It’s Obama’s communist propaganda. He just wants to bring our country down.
    Actually it was him who lured the bad rumors about the economy going down.
    Vote for me and everything will be fine.

    Comment by John McCain — 2008/10/05 @ 11:52 | Reply

  6. This via Brave New Climate :

    It’s disappointing that Crikey, like others in the liberal media, have fallen for the nonsensical line that the so-called “financial crisis” is either real or requires urgent action. Anyone who disputes this claim, which is advanced with evangelical fervour by its advocates, is howled down as a heretic and a “denialist”. The days of the witch-hunt are truly back.

    ^w^

    Comment by frankbi — 2008/10/06 @ 12:25 | Reply

  7. Oh that’s so disappointing – I was on the edge of my seat waiting to see what would happen during the next episode….

    Comment by shannon — 2008/10/08 @ 22:40 | Reply


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