Secondly, getting news from the internet can create information bubbles, where people only read news that supports their opinions, leading to confirmation bias.
This “asymmetric ignorance”, as it was dubbed, may have led to greater risk-taking and more bubbles, because traders felt they were underwritten by the“Greenspan put”.
They say the Fed intervened in markets to boost stock prices, making bubbles, like the ones that helped create the crisis in the first place, more likely.
This unusual hedgehog behavior involves licking vigorously to build up smelly froth, then contorting like an uncoordinated kitten to spread the foamy spit all over their quills.
To keep up with the demands of the Kaiser Keller club, George started taking prescription stimulants, which would cause him to froth at the mouth and to hallucinate.