Osmosis was a bad analogy. I was half asleep on a bus. Sorry about that. Anyways...
You should expand on the mimetic osmosis/bubbles thoughts. Would be interested to hear what other thoughts that thread lead to. I'm not sure what my barely intelligible (to myself) ramblings lead to in other people's minds...
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Thanks. Twitter will use this to make your timeline better. UndoUndo
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Mimetics lead to bubbles If everyone says X always goes up then you're in a bubble The more people believe it, the more people get sucked in Newton accurately predicted the south sea bubble and disinvested. But even he couldnt resist when everyone else was making a killing
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Newton made a pretty penny when he disinvested early, then lost his life savings when he reinvested and the bubble popped
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