Insane market selloff

This is an insane market selloff. Good companies are getting decimated. Apple has lost $200 BILLION in market capitalization over nothing.

Still have $4.3 trillion of Federal spending this year. That is up over $100 billion from last year. Yes, the deficit has shrunk, but the flows are sufficient to sustain growth around 2.5% or,  where we've been.

China is going to be fine in the long run. It's economy is still growing at 7.5%.

Insane selloff. Unbelievable bargains. I am buying. My only regret is that I wish I had more money to buy more.

And A Market-Culture Is A Projection Of All The Operations That Generate Economic Paradigms?

(Commentary posted by Roger Erickson)

[Simplified] Simulations back up theory that Universe is a hologram

The emerging paradigm they're talking about here is not just a fusion of not just the wave & particle duality of physical information. Rather, the authors are discussing fusing the Relativistic and Quantum-mechanic nature of our physics paradigms into one perceptual lens, and thereby modeling all data gathering whatsoever as effectively looking at a hologram constructed from all incident information.

Abstract stuff, but conceptually simple once you wade through the layers. Just reflects a large number of inter-dependencies, rather like a market or human culture.

So, by analogy, what's that make a human culture? A group-feedback-o-gram? Always one step short of a growing whole-o-gram?*

Makes you wonder where we keep the backup copy? :) (A hologram image, if erased, is re-created from the incident data that feeds it. In our case, our emerging behaviors and cultures are constantly rebuilt, from our ongoing operations, REGARDLESS of how we interpret them.)

And where does the universe keep it's backup! In it's fundamental operations too?

And how out-of-date is each whole-o-gram projection, at any one paradigm?

Believe it or not there is a simple, relevant message buried in this, for Jane & Joe Sixpack. To understand a human culture, we must understand the multi--component nature of group intelligence (the spectrum from dumb-to-genius nature of paradigms)?

Data is useless without context. 

Further, even context is useless without paradigm. (Ever look at an image and not see anything ... until you finally look at it the right way? Whole groups do that too. ESPECIALLY economists, it seems. They almost define those who refuse to look at the basic operations at all, let alone from diverse perspectives.)

What we see & do is a reflection of what we expect. 

Yet we have zero predictive power. Ergo, the only thing worth expecting ... is the value of resetting our individual and group expectations, without bias or prejudice. 

Emerging success and survival is a simple matter of accurately reflecting ALL emerging feedback?**

Comically, that is exactly the last thing most of us expect! And we're still actively training our offspring to BE that way.

Gag me with a restricted-paradigm. We're all Luddite's tomorrow.

* (for those who don't know, TJ called that a "more perfect union"-o-gram). It's an ongoing thing.

** (And re-projecting that whole-o-gram through our net actions? The whole-o-gram is in front of our faces all the time. We just have to keep dabbling our projections in it, and see which ones don & don't get burned. Those that do that fast enough, come square back to tripping over Darwin's paradigm of Adaptive Rate.)

Pretty Much What I've Been Saying - A "Gold Std" is Distracting Bullshit

Living Cells Show How to Fix the Financial System

Although this is pretty superficial. They had to dumb it down for Bloomberg audiences.

Basic message is that developing systems repeatedly adapt by connecting everything to everything, and then settling into the simplest system-state that allows agile net responses to a given situation or context. In biology it's called "ontogeny" and goes on through a process of sexually recombinant replicas.

The first trick for a given culture, market or system of any sort, is to add enough instrumentation to automatically TRIGGER reconnecting everything to everything - as fast or faster than contexts change.  Then, once each highly plastic system-state is achieved, the next trick is to to automatically TRIGGER rapid re-settling to yet another new state, complete with endless hacks too complex & context specific to bother replicating. We refer to the second process as the dead-end of "maturity."  It's always easy for an outside observer to see what SHOULD occur, but something entirely different for a complex system to actually initiate & execute re-equilibration fast enough to matter.

The real race is always to make more "tunable" systems, not to say what they should do. What to do is the easy part. How to actually "get'r done", fast enough, is all that really matters. Adaptation = a system that automatically triggers it's own re-organization, fast enough to keep up with changing context.

In Warren Mosler's words, "How do you get people to explore their options?" That's the key. The options almost don't matter. Developing teams & populations that will aggressively explore whatever group options come along is - in practice - all that matters.