Ok, maybe I'm just heavy-handed, but I'm willing to try tar and
feathers, or perhaps exposing in stocks as reward for the
too-wise-politician and too-fearsome-economist.
For the last months, every time the Real(BR currency)-US$ exchange rate
gives any hopes of stabilyzing, off to the telly comes some government
oficial to tell us how doomed is the world... and off to the
roller-coaster goes every index. I'm getting tired.
LF
AlunFoto escreveu:
Bob W just introduced me to a new word in another thread; groupthink.
It seems to me that somehow the whole world economy is hinged on
groupthink by stock traders. It seems that whatever the rest of us do,
we must by all means stimulate their positive thinking, or else they
will go skittish and bring down recessions on us in their fear of
losing money on the short term. It also seems that they respond to
each other's actions like a dense school of fish.
Since psychology is such an obvious part of it all, it makes me think
that what the economic system needs most is a good shrink, not more
monetary facilitation.
Jostein,
stepping down from his soapbox.
--
Luiz Felipe
luiz.felipe at techmit.com.br
http://techmit.com.br/luizfelipe/
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