Wednesday, August 10, 2011
Complexity Example: Asia Stocks up and then down. US markets down then up.
So Asian market shot up initially as the debt ceiling deal was reached and today have dropped since of the United State stock performance from a “sell-off”. I put sell-off in quotes since that is an assumption and the system is too complex and too reactive so that feedback and feed forward loops are broken. We have built and rely on a system no one fully understands. My worry is about entering a long term depression. When most capital is controller by a few large mono-corporations and a small percentage of individuals we are exposed to a system crash risk. Now I cannot say for sure as fact that there will be a crash, but I believe it will happen. The solution is to start changes now. Reduce investment in the stock market and support small local business. Remove your money from large banks. Start you own small business. I do not know the full answer and this is certainly not definitive solutions, but we should at least start thinking and discussing about changing now.