Really slow action today

Nothing seems to be happening in DE blog land. Posts slowing to a trickle.

I was thrilled to see this post from Laurel Papworth on the site though.

As always she takes the discussion to a completely higher level, of how much the changed economic relationships embeded in in social networks can impact economic structures. Fundamentally she identifies the extent that "disintermediation" (as we used to call it) as has bee applied to media can be applied to shopping, banking etc.

When you think about it the complete opposite of the financial structures we've come to think of as "the sub-prime crisis" can be removed if individuals seek their house funding directly from "the net" and individual depositors can subscribe for specific amounts. It is not particularly fanciful.