I can't handle it anymore.....Jim Rickards my idle keeps saying this and that.....Peter Schiff keeps banging on about what Janet Yellen is going to do next and the Oz RE bubble still has'nt happened yet....I used to think the internet was a great saftey tool that would save me from all the doom and gloom but nothing EVER seems to actually happen......I dont even own any pms anymore!
Hopefully increased foreign investment will keep the Australian real estate bubble from bursting for years to come
The internet is an echo chamber: By rights, the internet should be doing more than anything else to open our eyes to new perspectives and experiences. We're moving away from that: as the web becomes increasingly tailored to the individual, we're more likely than ever to be served personalised content that makes us happy and keeps us clicking. That happy content is seldom anything that challenges our viewpoint, and there's a risk that this distorts our view of the wider world outside our browser. The premise of the echo-chamber effect is simple, although there has been little academic study into it: if you surround yourself with voices that echo similar opinions to those you're feeding out, they will be reinforced in your mind as mainstream, to the point that it can distort your perception of what is the general consensus. Graham Jones, an internet psychologist tells me that if the echo-chamber effect exists, it's part of social constructivism and how we shape the world around us differently from others for all kinds of reasons: "There is some evidence, for instance, that people who speak different languages actually do construct the world around them slightly differently... So, the echo-chamber effect is part of what I would expect as a psychologist -- as like-minded people get together, they tend to shape their version of the world according to what they are talking about and hence it inevitably becomes biased." This bias could be anywhere, from forums devoted to conspiracy theories to the rivalry between Apple and Android fans, but it's most obvious in the world of traditional journalism, where newspapers make no secret of their political affiliations, or that of their readership. A cursory glance at the comments under a Telegraph and Guardian article covering exactly the same topic will show a distinct contrast of opinion as you'd expect, but users crossing the political divide to comment against the host's cultural thought are often dismissed as "trolls". We have reached the stage where someone offering a contrasting opinion is viewed as deliberately trying to wind up others. Ironically, highlighting a dissenting voice as "trolling" is another possible example of the echo-chamber effect in action: it's assumed that this voice is so outrageous that it can't be genuine, and the orthodoxy of the community continues unchallenged. http://www.wired.co.uk/news/archive/2013-05/1/online-stubbornness
No.....I just cannot believe how far the U.S are appearing to go with all their debt........The further they go the harder it will be to pay it off?
I think you are onto it......Maybe they designed the internet to effect users in these ways? Mind Control? More conspiracy theory now!
Mind control literally, no. Advertising yes, on roids. PMs aren't as low as 2008-9 but they are relatively low for the last 15 years or so. Learn to stop worrying and love the USD.
The Wikipedia entry mentions using the echo chamber effect to spread false information and one of the related links is to an entry on disinformation so you can bet it is used by intelligence agencies.
I literally cannot keep up with all this bad news going on.......I really like 'The daily reckoning' also but geesus when is some of this stuff actually going happen???
THAN STOP listening to the crap The sun will come up tomorrow & the world will NOT end Get on with your life
hehehe one does not simply "pay off" $17,544,952,966,721 .it might as well be 106 billion quintrillion dollars. it CANT ever be paid off, its impossible. so if you cant go back, might as well go crazy forward.
