Stock Market

The Dow was down 220.75 points and went down below 10,000. Network theory applied to social networks had  good results to report today. Now I put these pieces of Information together in this note.

When there are many nodes and links it becomes harder and harder to choose networks satisfying criteria. The advance was in cracking this "subgraph matching" step.

Reading about the Stock Market downturn today I couldn't follow all the reasons given for this sad result. This has more to do with me not being a stock expert, than with social network theory. Nevertheless I understand this much.

Nowadays 3M an American company, has more profits in Asia and Latin America than in the States. The Stock Market has long been a World Game, just like the World Cup now being coveted in South Africa. Therefore investors, or rather stock brokers, are trying to put more things together than ever before in human history. They have tools for sure, but they still function with the basic biology of a hunter gatherer turned agriculturalist, and now city dweller, whatever that means.

Just to make this note even more interesting, now I bring up the latest opinion piece by Paul Krugman: The Third Depression.

Prof. Krugman has been criticizing the recent responses by governments around the world to the economic situation. In this last piece he sadly points out the failure of the recent summit in Toronto to agree on the economic measures he considers necessary, like improving the job market, and not curtailing social spending.

Concluding, this stock market crash may be a bad omen.