October 9th, 2008

Codependence

Or should it read "Codependents?"

This made me think about the fact that we are the economy and the free-market can be an inherently instable system. Any move in the economy - up or down - causes a self-reinforcing cycle. For example, the economy falters a bit -> out of fear people slow their spending -> which makes the economy worse -> which makes people more scared -> which makes the economy worse -> which makes people spend less...

All we need is a little good news.