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I may be the first expert in manic-depressive illness to ever analyze the metaphor of the manic-depressive market. Since I am no expert in financial investing, I will take Warren Buffett's word that the analogy is apt. The question then becomes: Does our most up to date knowledge of manic-depressive illness (MDI) give us any insights about the market? Read More















Here is another interesting
Here is another interesting analogy. The US is the hippocampus of the worlds financial brain. Its nimble-ism is akin to plasticity. Its plasticity makes it prone to instability (seizures or mood swings). At the same time it can more quickly adapt to disruptions, with neurogenesis based plasticity being related to the speed and ease in which it can adapt.
Of course now we can see that kindling can take place outside of the brain. Perhaps it is time for some IMF ECT.
The manic-depessive market
"I may be the first expert in manic-depressive illness to ever analyze the metaphor of the manic-depressive market."
A slightly, er, exuberent claim? See Peter Whybow's book American Mania, albeit for an analysis that goes beyond the market economy:
http://www.peterwhybrow.com/books/americanmania/
correction
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