Sunday, September 13, 2015

China's severe slowdown, which will go unreported in the Piedmont Triad

"In chaos theory,
the butterfly effect is the sensitive dependence on initial conditions
in which a small change in one state of a deterministic nonlinear system
can result in large differences in a later state.

China will affect Greensboro, 
but most in Greensboro won't be told beforehand.

The name of the effect, coined by Edward Lorenz,
is derived from the metaphorical example of the details of a hurricane
(exact time of formation, exact path taken)
being influenced by minor perturbations such
as the flapping of the wings of a distant butterfly several weeks earlier.

...A very small change in initial conditions
had created a significantly different outcome.

The butterfly effect is exhibited by very simple systems."