An Ethical Analysis of Automation, Risk, and the Financial Crises of 2008

History demonstrates that hysteria is optional only in a bear market because the market always recovers given enough time. With people´s life savings at stake, however, the influence of panic can´t be brushed aside. Market conditions in 2008 are unique in that they´re far more volatile and seem to inspire the greatest fear factor in the history of the modern market. Moreover, because of extensive global networking and border-transcending fiscal interdependence, initial fluctuations in a single market resonate almost simultaneously world wide.