The First Economic Disaster Of The Internet Age - Linux

This is a discussion on The First Economic Disaster Of The Internet Age - Linux ; "Alan Greenspan lit the fuse of the credit crisis when he extolled the revolutionary virtues of the 'Net—and redefined risk and responsibility." "The Internet has broadly delivered on its promise to bring information to the masses. All the information needed ...

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  1. The First Economic Disaster Of The Internet Age


    "Alan Greenspan lit the fuse of the credit crisis when he extolled the
    revolutionary virtues of the 'Net—and redefined risk and
    responsibility."

    "The Internet has broadly delivered on its promise to bring
    information to the masses. All the information needed to diagnose the
    current credit crisis—the latest and best information about the
    collapsing prices of mortgage securities, ballooning numbers in the
    subprime mortgage market, bizarre behavior on the part of bond rating
    firms and so forth—has been freely available to anybody who knows how
    to use Google. But what good is it all if the data went unnoticed?"

    http://www.newsweek.com/id/164588

    -RFH


  2. Re: The First Economic Disaster Of The Internet Age

    On Oct 22, 11:27*am, Ramon F Herrera wrote:
    > "Alan Greenspan lit the fuse of the credit crisis when he extolled the
    > revolutionary virtues of the 'Net—and redefined risk and
    > responsibility."
    >
    > "The Internet has broadly delivered on its promise to bring
    > information to the masses. All the information needed to diagnose the
    > current credit crisis—the latest and best information about the
    > collapsing prices of mortgage securities, ballooning numbers in the
    > subprime mortgage market, bizarre behavior on the part of bond rating
    > firms and so forth—has been freely available to anybody who knows how
    > to use Google. But what good is it all if the data went unnoticed?"
    >
    > *http://www.newsweek.com/id/164588
    >
    > -RFH



    One of the fundamental changes the author seems to be advocating is to
    give Apple a role in the solution of the problem.

    -Ramon


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