Thursday, August 7, 2008

Fluid Income

Fluid Income

The most spendable money is where the most people are earning the most of it. Or rather where the most people will be earning the most money in the future. In charting trends, remember that the present will be left behind tomorrow, the future is where you are going to be and, therefore, is your target-area. Ling-range forecasting is too unpredictable. Short-range forecasting does not allow sufficient time for trends to develop. So I prefer medium-range forecasting. Take the year 2000 as your statistical target. It is not too far in the future, yet it is far enough to reveal the drastic effects of employment trends which already are clearly defined today.