Yes, it goes to the 'many world's' feature of social and economic systems. Each world may be living in what seems to be an entirely different world. You can see them at a distance, but moving from one to another is particularly different. Then you get things like the world of the press, which is largely it's own fabrication of favorite discussion topics that only describe the subjects we'd be interested like sweat left in the boxing ring after the fighters are gone.
> -----Original Message----- > From: [EMAIL PROTECTED] [mailto:[EMAIL PROTECTED] On > Behalf Of Marcus G. Daniels > Sent: Sunday, September 28, 2008 1:24 PM > To: The Friday Morning Applied Complexity Coffee Group > Subject: Re: [FRIAM] well we did finance > > Phil Henshaw wrote: > > If offering > > opportunity for mischief isn't a direct physical cause in this very > one > > sided kind of case, then tell me why it's so extremely profitable. > > > Funny how AIGFP could have been allowed to insure $300 billion in debt > in private, but the whole company (300 times larger than this division) > couldn't manage to post $15 billion collateral on this division's > screwups (which we had to loan them), all while giving the ~400 people > at AIGFP _all_ million dollar salaries. Talk about dumb risk models. > Meanwhile, they've had their credit rating downgraded twice since 2005 > before they went crying to the Federal Reserve. > > Marcus > > > ============================================================ > FRIAM Applied Complexity Group listserv > Meets Fridays 9a-11:30 at cafe at St. John's College > lectures, archives, unsubscribe, maps at http://www.friam.org ============================================================ FRIAM Applied Complexity Group listserv Meets Fridays 9a-11:30 at cafe at St. John's College lectures, archives, unsubscribe, maps at http://www.friam.org
