Murdoch, Moody’s and Mandelbrot

CHAN AKYA
Source: Asiatimes on Line.
The scandal enveloping Rupert Murdoch’s News Corp echoes the evolution of the crisis in global markets, seen in the series of events that threatens to bring the United States’ credit rating down. In circumstances triggering conflict, lost credibility or a collapse in confidence, the same trajectory applies – and the smart money follows mathematician Benoit Mandelbro.

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Categories: Economics

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