Imagine, if you will, a graph which depicts the US economy from the first day of independence. No one here would argue that the GDP/GNP/DOW/NASTAC (or any other scale you wish) would increase by a
huge margine.
Now, pick yesterday's DOW:
Quote:
Dow Jones Industrial Average
5 Jul
09:50 11161.51 -66.51 -0.59
|
http://indexes.dowjones.com/mdsidx/i...event=showHome
This shows a decrease in the DOW. Does this mean that this reflects a catastrophic change? Does this in any way, shape, or form determine a repeated event? Does it reflect the changes to the economy over the past 230 years?
Now you will clearly say "That is only one day!" Well in the span of Earth's recorded existance, this one day in our 230 years of existance equates larger than our recorded history of the earth.
230*365 = 83,950
Our recorded sea temperatures date from Franklin as he measured the NE'erly Currents. Taking on belief that these measurements were accurate, personally I dont belive they could be very reliable being their date, but taking these to be accurate we can stack on another year or two (I dont remember the date of the measurements).
So our nations' 84k as a ratio of 1. 1.19E(-5)
Compared to say, 86k days (give it 3 years) in a span of 6 billion years. 1.43 E(-5)
Now obviously the first one is more accurate and dependable. However no one would dare suggest it's reliable.
Ironic?