Virtual Geography: Living with Global Media Events
"The author's capacity to grasp and interpret these [world media] events is astounding, and her ability to provide insights into a world where unbounded information is circling the earth with the speed of light is startling." -- Choice
"... a wide-ranging, quirky and dextrous mix of description, theory and analysis, that documents the perils of the global telecommunications network... " -- Times Literary Supplement
"... this is a stimulating, even moving, book, dense with ideas and with many quotable lines." -- The New Statesman
"Wark is one of the most original and interesting cultural critics writing today." -- Lawrence Grossberg
McKenzie Wark writes about the experience of everyday life under the impact of increasingly global media vectors. We no longer have roots, we have aerials. We no longer have origins, we have terminals.
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By going into the market buying up big , this act would drag the price up by its
bootstraps . Thus credit fuels perverse speculation that has nothing to do with the
actual power of the players or the possession of superior information . 22 Gekko ...
41 This indicated that the German Bundesbank was going to increase interest
rates . This would slow down the German economy , perhaps cutting the sale of
American goods to Germany and worsening the trade deficit ; perhaps
When Secretary of the Treasury James Baker said that the Germans were going
to raise interest rates , the market signaled its response by taking a nosedive .
Likewise , when Iraq invaded Kuwait and the price of oil shot up in August 1990 ...