Another NYT article, re fragile global markets, calls this type of event, 'exogenous', and so it is, for now.
Question: What if it happens all over the middle east? Still exogenous?
What if here too? Still exogenous?
Or does it start to look endogenous?
Re Krugman's article today re Davos, what if it were limited strictly to a subspecies of class war, say a new pastime referred to by Krugman, called 'banker bashing'?
What is wrong with banker bashing?
Does it matter which kind of banker? Global banker? Local banker? Liberal banker? Planned economy banker?
Is, for example, global banker bashing exogenous? Does use of the term depend on the situs of the speaker?
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