Finance & Fury Podcast

Welcome to Finance and Fury - Listen to last Monday episode on Share as a complex system – today diving in to discuss the application of a complex system and a financial collapse – or pre collapse – talk about phase transitions – build up and slowdown – pre-collapse Last ep - Complex is non-linear - more in the relationship of inputs and outputs than direct relationships of cause and effect Also Adaptive – so markets are evolving, dynamical as people will change their behaviour Shares have three characteristics of complex dynamical systems highly unpredictable - due to their non-linear relationships / interactions contagion effects – panic or bubbles are things that spread very quickly – through being interconnected modularity – while the whole system is well connected parts of the system are more connected within than between, which may help its resilience, or the ability for the system to return to equilibrium after turbulence broad inter-connectedness of global markets - only increased with globaliza