The Great Hargeisa Goat Bubble"

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johndoel
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Joined: Sat May 09, 2009 6:59 pm

The Great Hargeisa Goat Bubble"

Post by johndoel »

http://www.hargeysa.org/The%20Great%20H ... Bubble.htm
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Dhaga Bacayl
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Re: The Great Hargeisa Goat Bubble"

Post by Dhaga Bacayl »

I saw that article 10 yrs ago.
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johndoel
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Joined: Sat May 09, 2009 6:59 pm

Re: The Great Hargeisa Goat Bubble"

Post by johndoel »

a story of financial boom and bust (credit crunch) in Somaliland.

The events described (how a dead-goat-compensation scheme gets out of hand and the UN steps in)

Same as mortgage market ALL OVER THE WORLD
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Looyaan_Junior
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Re: The Great Hargeisa Goat Bubble"

Post by Looyaan_Junior »

It was interesting concept (I will read later I'A) - the markets is as much affected by the forces of supply and demand as it is for the behaviours of people involved, I think there is an entire area of economics devoted to this aspect of it - behavioural economics they call it I think.

lol@ my degree in economics has unfortunately had an effect in my concersational english ----- that was hillarious :lol:
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