Indicators advanced and backward ...
Methods to predict the crisis there are many, but none are functioning. We analyze complex ratios, are conducted thousands of surveys and they look up sales of lipstick or miniskirts to identify the arrival of bad times, but always catches us by surprise. Are the so-called indicators advanced. Before, even studying the number of times the word "crisis" in the newspapers, to see the likelihood that already existed in these cases are usually dealt with self-fulfilling prophecy. If people think that there is crisis, the economy stops. A clear example is the "banking panic" in which, as you depositors are made aware of the vulnerability of banks, their perception of the creditworthiness of these institutions is deteriorating, which precipitated withdrawals of deposits that weaken further the situation banks.
With the advent of the Internet, we have new tools to identify the concerns of citizens by their economic status, thus we can easily see what is written in the media, what they write and what citizens are concerned about the Internet, in Here I will use 3 examples, although not think lecturing and do not guarantee their reliability if I find a fun exercise and the less revealing.
To try to discover what is written in ways we can use the system of labels that many newspapers are online, their system is simple and involves applying a few keywords to each news item. In this case, I'm going to take a social news aggregator (meneame) in which users are those that send news, let's see the outcome of the screenshot of yesterday evening.
The size of the word indicates the number of times that label is on the various news, as you see "Crisis" win win by taking other words quite important as banks, banks, financial crisis, economy and the Euribor. Eye because we talk about pulling half a technological and "geek" who often give less importance to the economy.
Another method is to see how many times that word is written in blogs, which is a less "manipulated" or partisan than that of traditional media. To do this we use this tool Technorati. (A search engine for blogs)
Here the good thing is that we are not seeing a snapshot, not if we get a trend, in this case clearly upward.
And finally we will use the familiar "Google Trends" which shows the number of searches for a particular word. This is where we see the real concerns of citizens.
Here is the search results "Crisis"
In this case the chart is a double line above shows the volume of searches on the floor below and the number of news related (something relatively similar to what we used to meneame, but in this case showing trend).
Another example is very illustrative of the search "Guarantee Fund"
Here, being a word with a few searches fig leaves quite distorted, but certainly enough to think that gives the rise in recent days and more taking into account that in light of these searches end up taking many decisions.
As you can see there is a general concern about the economic situation is certainly higher than in the past and it may be due to greater access to information that we have. This is still a double-edged sword because it's easier to go with panic or rumors like "this force is going to break." Traditionally economic information received either from television, newspapers or radio tagging all political or our bank, so we had some facility to ascertain the reliability of the message and the dye wearing, but now that most sources are anonymous we may lose our criteria in selecting the wheat from the chaff.
So after all of this reflection to 100, I leave with you the daily digest of press, that this at least we know that lame foot.
- The news of the day: The U.S. Senate approved the Plan Paulson
- Unemployment touched its highest level in 11 years in September after climbing to 95,367 people
- Will Trichet expected today 'bell' bearish?
- The volatility opens the door to earn money in the short term
- The dealer asked not to raise the guarantee of deposits
- Warrent Buffett invests 3,000 million dollars in preferred shares of General Electric
- The massive megarricos buy gold bullion because they are not relying on any financial asset
Written by Carlos Lopez on Oct. 2, 2008 with 273 points.













(4.71 sobre 5)
# 1, Yorchus
That people talk about something does not mean it's true. A lot of people talk about a god or another and this does not imply that there, either.
Workers and the poor will remain poor and workers, there is a crisis or not.