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Close Topic OptionsFollowing The Economic Crowd
Following Economic Crowd - Politics, Business, Civil, History - Posted: 1st Oct, 2008 - 1:59am
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No matter where it goes.
Post Date: 1st Oct, 2008 - 1:59am / Post ID: #
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Following The Economic Crowd
During a crisis (financial or otherwise), we follow the crowd
Herd mentality rules during a financial crisis because people are wired to follow the crowd when times are uncertain, experts say. Brain and behavior studies clearly show that when information is scarce and threats seem imminent, people often stop listening to their own logic and look to see what others are doing.
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TOPIC: Following The Economic Crowd