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This paper offers an analysis of the road from subprime and eurozone crisis to the elements of a new systemic crisis. Our aim is to research common issues that accompany each of these crises and to explore elements that hint that the financial systems are moving toward a new crisis. By holding short-term interest rates near zero, the central banks have encouraged malinvestment and speculation. Fuelling the bubble is the fear of missing out on trade. We find that actual events and movements on security markets follow a typical pattern, which indicates a serious threat for the next financial crisis. We also find enough signs that old crises lessons haven’t been learned.
researchers employ big data analytics”, Big Data & Society, Vol. 3 No.1, pp. 1-15. 14. Fischer, E., Reuber, A. R. (2011), „Social interaction via new social media: (How) can interactions on Twitter affect effectual thinking and behavior?”, Journal of Business Venturing, Vol. 26 No. 1, pp. 1-18. 15. Fluss, D. (2013), “Meeting the Social Media Challenge”, CRM Magazine, Vol. 17 No. 9, pp. 38-39. 16. Grewal, D., Levy, M. (2013). Marketing, New York, McGraw-Hill Publishing. 17. Hetz, P. R., Dawson, C. L., Cullen, T. A. (2015), “Social Media Use and the FearofMissingout While
multisource information and data through numerous channels? Does the spread of information amongst people have a stronger “infectiousness” during this time? What is the difference between information behavior in these specific situations and past normalization behavior? What impacts do the “fearofmissingout” and information avoidance have on people? The effects on people's behavior, psychology, emotions, and even the whole of society reflected by the information and data flows are all issues that are worth exploring. The fourth and final issue is the open sharing of
(the process is called FOMO – FearofMissingOut ) ( Przybylski et al., 2013 ). Continuous access to information and on-line services is, however, nowadays the domain of an ever-wider cross-section of society – it is starting to affect entire generations of people affected by internetisation. It causes the blurring of the boundaries between private and professional life, but also between private and public, which might be illustrated by the increased interest and development of social networking sites, which in turn are also changing local authorities’ behaviour
://simondon.ocular-witness.com/wp-content/uploads/2008/05/question_concerning_technology.pdf . From a secular point of view, Robert MacDougall talks of our contemporary culture in terms of Digination , drawing strongly on Marshall McLuhan's concept of the global village. MacDougall 2012 . MacDougall argues that technology has, by and large, become not just a desirable accompaniment to contemporary life but a necessary one. Without digital, he argues, we feel left out (FOMO FOMO – ‘fearofmissingout’ – an important driver in 24/7 net addiction. ), lacking, incomplete. He refers to McLuhan's discussion about the
difference between their needs and wants. The consumption culture has been
decreased to “Toilet Paper Syndrome” as it can be thought as “FearofMissingOut- FOMO Syndrome”.
As soon as the COVID-19 process is complete and the ongoing health risk
is gone, nothing will be the same. The factors and processes of production, the
way of doing transactions, consumption styles and ways, structure of products
and services, management of perception and experience and all the variables
and terms related with management will be changed and transformed according
sense of control over their data. On the other hand, we see how people appear to see no alternative to using the digital services that are available to them. If a large proportion of the population (i.e., friends, acquaintances, organisations, and businesses) use a specific service – for example, Facebook – people tend to use that service in fearofmissingout on the community and information. Or, if companies provide easy-to-use and accurate services – for example, Google – people appear to think it is acceptable to trade their data in return for the benefits of