Well obviously you can assign probabilities to anything—but if the event is sufficiently vague, doing so in public is rather pointless—since no one else will know what event you are talking about.
I see that others have made the same complaint in this thread—e.g. Richard Loosemore:
before deciding exactly how many angels can dance on the head of a pin, you have to make sure the “angel” concept is meaningful enough that questions about angels are meaningful
Feel free to explain why it is not OK to assign probabilities in this case. Clearly EY does not shy away from doing so, as the quote indicates.
Well obviously you can assign probabilities to anything—but if the event is sufficiently vague, doing so in public is rather pointless—since no one else will know what event you are talking about.
I see that others have made the same complaint in this thread—e.g. Richard Loosemore: