Eliezer S. Yudkowsky wrote:
> An unnerving thought recently occurred to me. We've all seen that
> famous video of the bridge that collapsed.
That would be the Tacoma Narrows.
> Remember how, in the
> beginning, it started to undulate up and down, like a wave, and this
> went on for a while? And remember how, just before it finally broke
> down and fell into the river, it started to undulate from side to side,
> like a strip of paper twisting?
The collapse of Galloping Gertie was related to metal fatigue.
The collapse of the market you predict would be related to the
investment community suddenly realizing that profits really
*do* matter. spike
This archive was generated by hypermail 2b29 : Thu Jul 27 2000 - 14:09:14 MDT