Electronic Herd
For a country to succeed in today’s world it must strictly follow the rules of the Electronic Herd and the Golden Straitjacket. ... With the fall of the Berlin Wall, which symbolized the end of the Cold War, the Electronic Herd was born. ... Metaphorically, the cattle that are running in this herd are both Long and Short Horned Cattle, explains Friedman. ... The Electronic Herd is a ruthless group of investors which treats whole countries the same way it treats companies, stocks and bonds. ... They cannot thrive, let alone succeed in this world without the help and guidance of the Electronic Herd. It’s a double edged sword; they must learn how to “get the best out of the herd without being overwhelmed or shocked by its inevitable surges. ... ” For the Electronic Herd to help you, you need to keep them happy so as to avoid major ups and downs because it is with the help of the Herd that your economy can steadily rise. ... It is a vicious cycle; your country to succeed, you need investors, and to get investors, you need the Electronic Herd to visit your country.