<My friends Niederhoffer and Kenner pointed a number of these economic inconsistencies out back in 2003>
There's only one thread I've generally polluted (sorry Steve) and I'm not going to change now, but wanted to put a couple of links here for those who might stumble onto a fresh perspective the way I did some years ago, on a G**gle search about horse racing, stumbled into a site about ever changing cycles and counting. Met some who knew Norm Fosback (my intro into "econometrics"), have learned much, and have enjoyed the party.
http://www.dailyspeculations.com/ "Dedicated to the scientific method, free markets, ballyhoo deflation, value creation and laughter. A forum for us to use our meager abilities to make the world of specinvestments a better place.."