tag:blogger.com,1999:blog-22202011.post578510840628673911..comments2023-12-11T08:49:46.305+00:00Comments on Dizzy Thinks: Thought for the DayUnknownnoreply@blogger.comBlogger3125tag:blogger.com,1999:blog-22202011.post-49246852602870116372008-10-11T21:56:00.000+01:002008-10-11T21:56:00.000+01:00It's alla bout information and who has it and most...It's alla bout information and who has it and most importantly what they do with it.<BR/><BR/>T'internet allows individuals to share info more quickly and completely than ever before. It allows individuals to contact each other and share experiences so addressing the information assymetry enjoyed by other market participants. A good example is the bank charges fiasco. Banks could be challenged because customers could combine and share info quickly accross distance and attack the situation in a concerted way. This is where we now benefit - adjusting the info imbalance.<BR/><BR/>Of course big company's and government bureaucracies hate this.<BR/><BR/>Will it help the ameliorate current financial ferrago. Yes. But it may also make it temporarily worse. A more V shaped graph is likely. But the bottom? Who knows?Lolahttps://www.blogger.com/profile/04586735342675041312noreply@blogger.comtag:blogger.com,1999:blog-22202011.post-90390240464274421562008-10-11T11:14:00.000+01:002008-10-11T11:14:00.000+01:00Or might it make it worse as well? Amplifying feed...Or might it make it worse as well? Amplifying feedback? Soros's theory of reflexivity, as I understand it, tried to set out a theory of bubbles in opposition to what he called "market fundamentalism" saying that the market equilibrium is a myth.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-22202011.post-54042737075445285122008-10-10T10:59:00.000+01:002008-10-10T10:59:00.000+01:00Or might it fuel the fire, and keep everyone selli...Or might it fuel the fire, and keep everyone selling the f*ck out of everything?<BR/><BR/>Sky are not inspiring me with a great deal of confidence.Anonymousnoreply@blogger.com