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Inverse characteristics of trust and fear
Component
1
#7041
Trust and fear have critical inverse characteristics and dynamics.
CONTEXT
(Help)
-
The Global Financial Crisis »
The Global Financial Crisis
The Global Financial Crisis☜Exploring the causes, consequences and responses to the global financial crisis. ☜F1CEB7
▲
Immediate triggers of the financial crisis? »
Immediate triggers of the financial crisis?
Immediate triggers of the financial crisis?☜What were the immediate triggers of the current financial crisis?☜FFB597
▲
Sudden evaporation of market confidence/trust »
Sudden evaporation of market confidence/trust
Sudden evaporation of market confidence/trust☜Confidence/trust in the ability of others to pay debts suddenly evaporated from the market: with the result that few are willing to risk lending any one else any money.☜59C6EF
■
Inverse characteristics of trust and fear
Inverse characteristics of trust and fear☜Trust and fear have critical inverse characteristics and dynamics.☜9FDEF6
●
Fear can be acquired instantly but trust takes time to build »
Fear can be acquired instantly but trust takes time to build
Fear can be acquired instantly but trust takes time to build☜Fear can be instantly acquired but trust takes time to build.☜9FDEF6
●
Fear can be fed by strangers, trust fed by direct connections »
Fear can be fed by strangers, trust fed by direct connections
Fear can be fed by strangers, trust fed by direct connections☜Fear can be fed by the actions and comments of strangers, but trust only builds from personal relationships, our own experiences and those of people we are close to.☜9FDEF6
●
Trust can be lost instantly but fear takes a long time to shake off »
Trust can be lost instantly but fear takes a long time to shake off
Trust can be lost instantly but fear takes a long time to shake off☜Trust can be lost instantly but fear takes a long time to shake off.☜9FDEF6
●
Trust can't immediately replace fear »
Trust can't immediately replace fear
Trust can't immediately replace fear☜Fear can immediately or gradually replace trust, but trust cant immediately replace fear.☜9FDEF6
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+Citations (
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[1]
Author:
John Wilson
Cited by:
David Price
11:29 AM 8 October 2008 GMT
URL:
http://greatapps.blogspot.com/2008/10/fear
Excerpt / Summary
http://greatapps.blogs...
"It is often said that markets are driven by greed and fear. Well, there's lots of the latter in abundance presently.
Yet in the current turmoil, I think it's more apt to think of the inverse characteristics of trust and fear, namely:
Fear can be instantly acquired but trust takes time to build
Trust can be lost instantly but fear takes a long time to shake off
Fear can immediately or gradually replace trust, but trust can't immediately replace fear
Fear can be fed by the actions and comments of strangers, but trust only builds from personal relationships, our own experiences and those of people we are close to."
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Entered by:-
David Price
NodeID:
#7041
Node type:
Component
Entry date (GMT):
10/8/2008 11:23:00 AM
Last edit date (GMT):
10/8/2008 11:23:00 AM
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