Iluta Abolina’s Reviews > When Everyone Knows That Everyone Knows...: Common Knowledge and the Mysteries of Money, Power, and Everyday Life > Status Update
Iluta Abolina
is 9% done
"it’s only so long that an asset can levitate in midair suspended by nothing but common expectation. Bubbles pop when a market starts running out of the greater fools who don’t want to miss out on the next big thing, or when a reason for doubt itself becomes common knowledge..[, sending investors to] exits, each desperate to sell out of fear that others are selling it out of fear that still others are selling it.
— Oct 27, 2026 01:29AM
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Iluta’s Previous Updates
Iluta Abolina
is 65% done
"blunt speech generates common knowledge but innuendos don’t. ..off-record indirect speech is a rational strategy to make common knowledge of relationship-threatening propositions plausibly deniable. ..wording is not an arbitrary social ritual but is predictable from strategic considerations, in particular the proportion of sympathetic and unsympathetic hearers and the costs/benefits of either catching the drift.
— Nov 03, 2026 12:58AM