The Great Hargeisa Goat Bubble"
Posted: Fri May 15, 2009 4:06 pm
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The Great Hargeisa Goat Bubble"
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Re: The Great Hargeisa Goat Bubble"
Posted: Fri May 15, 2009 4:09 pm
I saw that article 10 yrs ago.
Re: The Great Hargeisa Goat Bubble"
Posted: Fri May 15, 2009 4:19 pm
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
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
Re: The Great Hargeisa Goat Bubble"
Posted: Fri May 15, 2009 4:40 pm
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@ my degree in economics has unfortunately had an effect in my concersational english ----- that was hillarious