Trust! Why it Has Been Lost and How to Regain It

dc.creatorSornette, D.
dc.date2008-10-25
dc.date.accessioned2026-07-07T12:06:04Z
dc.date.available2026-07-07T12:06:04Z
dc.descriptionThis essay suggests that a proper assessment of the presently unfolding financial crisis, and its cure, requires going back at least to the late 1990s, accounting for the cumulative effect of the ITC, real-estate and financial derivative bubbles. We focus on the deep loss of trust, not only in Wall Street, but more importantly in Main Street, and how to recover it on the short and long terms. A multi-disciplinary approach is needed to deal with the nonlinear complex systems of the present world, in order to develop a culture of fairness, and of upside opportunities associated with a risky world.
dc.description7 pages
dc.identifierhttps://arxiv.org/abs/0810.4608
dc.identifierhttp://arxiv.org/abs/0810.4608
dc.identifier.urihttp://salesiana.dossiersoluciones.com/handle/123456789/208549
dc.subjectGeneral Finance
dc.subjectPhysics and Society
dc.titleTrust! Why it Has Been Lost and How to Regain It
dc.typetext

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