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It even used bogus projections that consistently under-predicted Argentina's growth in the hope of undermining confidence.
Our financial sector is built on a bed of demonstrably false assumptions that we collectively pretend to believe; market analysis is the con art of reading tea leaves sold as hard science; our investment advisors make bogus projections to generate trading fees.
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At the creation of the system and repeatedly since, Environmental Defense Fund warned that minting credits for reducing emissions below "what would have otherwise occurred" in fast-growing nations would spawn perverse incentives, with industries tempted to generate bogus credits by inflating growth projections.
"Bogus, bogus.
totally bogus.
Amiably bogus.
BOGUS: counterfeit, spurious, sham.
Both claims are bogus.
"It's bogus".
Most have been bogus.
Bogus cotton-acreage allotments.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com