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Updated about 2 years ago on . Most recent reply

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494
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285
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Kyle Curtin
  • Real Estate Agent
  • Tewksbury, MA
285
Votes |
494
Posts

The concept of Contagion? šŸ¤”

Kyle Curtin
  • Real Estate Agent
  • Tewksbury, MA
Posted

The concept of contagionā€¦.

I heard this concept on a podcast or a webinar last week that really made me thinkā€¦ (I forget which one sorry LOL)

The way the concept of contagion was described, is when people as a group have a massive collective fear about an event happening like a stock/housing market collapse to the point that it ACTUALLY happens.

I have been thinking about this idea since last week and also was reminded of it while currently being a passenger on Rt 93 with a tiny bit of snow on the ground and everyone causing a collective 30 MPH speed limitā€¦

I wonder how many massive financial events are actually dominantly caused/accelerated by collective fear and contagion instead of actual economic factorsā€¦

What do you guys think about contagion? šŸ¤”

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