International Trade at 9 am.
---Spoke about current financial news affecting the world today.
The world is changing. Markets are crashing. Money, for some reason, is becoming so damn scarce. Scary thought actually. Makes you wonder sometimes. And maybe its because people are too greedy and now we're all going to pay for it. It feels funny yet gratifying to be in a moment in history where things are changing and evolving... Every moment counts people!!
Now... If only there was a solution.. If there actually is one.... Where the hell has all that money gone to? Is is still worth investing millions and kajillions on NASA projects and that dooms day device in CERN, Geneve? Priorities, people of the world....
Sad thing is, its all to cyclical. People never learn...or they learn yet remain curious and become obsessed victims who fall prey to temptation.
I'm anxious, excited, and determined to see what the next key events will do to the world. America is becoming questionable. Is it still a hegemony? What's going on in Europe and the Asian markets? Things are scrambling....
*Hmmmm... I need to take all my money out from UBS....hmmmm.....*

Strategic Planning at 1 pm.
---So, we dove into a virtual corporation competing with various companies all over the world. GLO-BUS, it seems so complicated now. Making decisions for the first year alone was tough considering a whole year's decisions were done in about 3 hours... How do you increase your market share, cut costs, maintain a high image rating, have a substantial equity per share, increase profits, and compete in different market segments? Tough. I'm a bit frustrated tho... I need to look into it more......

Philosophy at 3pm.
---Most people act on their self-interest. We played a game in class today. The Prisoner's Dilemma model was used and we had two groups who had to score as much points as possible. *Nothing was said about beating each other* Each team was separated into two rooms and given a set of red and blue cards. The teams decide in clandestine what card to draw *without knowledge of the other team's decision*. The cards are collected and results imply a specific score.
Blue-Blue= point for both group
Red-Red= minus point for both group
Blue-Red= Blue card minus point, Red card plus point

So... we began in the most irrational fashion---trusting in good faith the other team. Score was unfavorable. Until it was time for negotiations. Negotiators agree to a consensus and agree to vote on a blue-blue card to gain points for both. First negotiations worked. Next round, negotiations failed...again..and again...and again... There was a trust in group democracy yet there was a mistrust in accepting that an opposition would bring wealth for both. The two teams made decisions based on self-interest. "What's the best way to score a point without having to lose..?" WIN-WIN was never practiced. Both teams lost...Sad...
Nowadays I guess people do what is best for them as individuals. I still believe in the good in people, though... I know there are people out there who choose to be good because there is no ulterior motive to it. They do it because they care.

Why is it so hard for people to care? is it because of the anti-trust? the paranoia?
I can't say for sure but I'd love to find out...

*No Stress. Life is Good.*