04 Jul The Availability Cascade
I bet very few will read this.
We love pictures and quotes which are easy and less time consuming.
The world fools us because of this.A media story about “market risk” catches the attention of a segment of the public, which becomes aroused and worried.This emotional reaction becomes a story in itself, prompting additional coverage in the media creating a self sustaining cycle, helped by presstitutes. This cycle is vicious. This cycle is based purely on fakeness. This cycles has only one task – that is the spread cascades of misinformation, and disseminate fear.This is the reason why people are perennially mortified of stock markets.