MAN DELB U B B LES , not just within the expanse o f real estate, but also within time, the long durations of the 'world eco nomy' so dear to Fernand B raude! .
Strangely, we note yet again that the 'loop' and the 'sphere' shoot to the fore, as though the circular time o f d ays gone by was reasserting i ts rights over the linear time of a Progress o nce continuous . . .
After Karl Popper's famous ' feedback loops' , Carlo Rovelli, as we've j ust seen, now i nt roduces his 'loop quantum gravity'.
C i rcular t i m e yeste rday , l i n ear time o f p rogress right now, and tomorrow, or soon after no doubt, thanks to M andelbrot, globalitarian time . . . H ere TIM E - from the Latin temp us, which refe rred to a ' fraction of d u ration ' as d isti nct from aevum, which was used o f continuity and of an 'era' - really is the ACCI D ENT TO EN D ALL ACC I D ENTS . This is because ' m ultifractal ' efraction of the durations involved in stock exchange operations tallies with H e isenberg' s u ncertainty principle, only to be applied to the modellers, the financial planners in a finance industry that has gone algorithmic, the famous credit crunch of the market here signalling the end of an era, the B IG CRUNCH of turb ocap italism !
THE GREAT ACCELERATOR
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