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Searching for the "Domino effect"

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It`s amazing how many articles we`ve read dealing with world globilization, peak oil or any other financial "end scenarios", is that they mention WHY something is going to happen.
Why a certain "bubble" will pop or why a certain index may fall.
Well, we know WHAT and WHY.
Next question is WHEN. Right?
I don`t think that even a prophet would have much success answering that question either.
What about the question "HOW"?
If we knew the answer to "how"...we could calculate, more or less the answer to "when".
You may think now that my name is Alfred Hitchkock or Sherlock Holmes, but if everybody is interested in "thrillers" and horror stories, why not a bit of detective work????
Here are the facts:
1) Either we want to accept it or not: Money, Oil and Gold are does values that have governed our planet in the past.
2) Each one of these values depends from the other in a certain matter or other.
3) We do not exactly know, how much we really have of each.

My question:
Which one of these three could ( if extremely devalued or over-valued) affect or better devalue the other two? Provoking a so-called"Domino Effect"?
I could continue; but I am going to leave this open for discussion...
 
Ex',

Good question!

Just to throw another variable into the mix...terrorism might be an important "trigger"...God forbid!!
 
Rather than the domino effect consider also the butterfly effect:

"The notion that a butterfly stirring the air today in Peking can transform storm systems next month in New York" (Gleick. James (1987) Chaos: Making A New Science. Penguin New York. P8).

Or

"The world is far more sensitive than we had ever thought. We may harbour the hope that we will regain predictability as soon as we can learn how to account for all the variables, but in fact no level of detail can ever satisfy this desire. Iteration creates powerful and unpredictable effects in non-linear systems. In complex ways that no model will ever capture, the system feeds back on itself, enfolding all that has happened, magnifying slight variances, encoding it in the system's memory - prohibiting prediction, ever" (Wheatley Margaret. (1994) Leadership and the New Science. Berret-Koehler Publishers. San Francisco. P127).
 
Funny to say Wayne, I think terrorism is the weapon (or tool!!!) that is going to hit us on the right spot, at the right time.
But put aside prophecies.
Where are we mostly indefenceless and what harm can be done.
That`s what I am interested in. Financially!
How can they knock us down, without giving us a chance to stand up anymore?
 
excalibur said:
How can they knock us down, without giving us a chance to stand up anymore?
A permanent cut off of Middle East oil may not stop us standing eventually but would certainly have us lying down for a very long time.
 
What about GOLD?
If gold would be devalued, what would happen?
I know that gold does not have any direct influence on currencies anymore but what would be the real side-effects?
Ideas anybody??? :confused:
 
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