Wednesday, October 01, 2008

Collective Ignorance (or) Mob delusion

Sucker punch after sucker punch. Boy!!! I am glad that September 2008 is over. It has been bad (but) Is it the end? I would love if I could answer that particular question.

I am not an analyst with truck loads of data nor am I an expert in financial stuff. But one thing for sure...I am affected. Millions through out the world is affected by what is going on right now in the markets...

Was there collective ignorance (or) mob delusion amongst our financial guys!!!


Publia said...

How about mob collusion? Don't rule it out.

Balaji said...

What is mob collusion?