The events of the global banking / financial meltdown that is occurring during this fall period of 2008 may be interpreted through the knowledge of previous similar economic boom and bust cycles. Note: Internet News: October 8th, 2008.
Perhaps, the Theory of Decision-Making is more relevant today than ever before. We need to understand the likelihood of repeat financial crisis; and, in particular, how to anticipate their impending arrival. These predictable fluctuations are always evident in a closed-loop system such as is the money market.
Truth is always elusive. What financial market information are we to believe / trust. Logic and common sense are reliable old standards; which are too often polluted by criminal conspiracies.
Economic Logic References : Gloablizing Free Trade : ETC :
Copyrighted : rcgnewscentral:Gaia-Watts: etal :2008
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