Jump to content
Please support this forum by joining the SH Patreon ×
Sturgeon's House

Failures in Historic/Scientific/Military Journalism


Recommended Posts

I didn't want to start a new thread, so I'm shoehorning this in here.

 

You should not believe a single thing 60 minutes has to say about derivatives because of one crucial error they make at 8:06.  In this they claim that the size of the market of derivatives was 50 trillion dollars in 2008, which is about the same size as the gross world product of that year.

That's self-evidently absurd.

 

I saw a similar figure around 2010 at the time that seemed like it was fuzzy math that did things like just purely add figures from Collateralized Debt Obligations and Credit Default Swaps, so in essence doubling their math in some areas.

Link to comment
Share on other sites

  • 1 month later...

Why does USA TODAY TODAY TODAY think that Colorado is gender identifying as Wyoming and smuggling marijuana to other states?

 

I'm not the only person to have caught this error in geography, am I?

 

No, you're not.

Although for anyone who hasn't lived there, they are both rectangles...

Link to comment
Share on other sites

  • 2 weeks later...
  • 1 month later...
  • 2 weeks later...
  • 2 months later...
  • 2 weeks later...
  • 2 weeks later...

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

×
×
  • Create New...