More frequently very simple events can give rise to enormous consequences. On 9 January the then US Secretary of State James Baker only had to say one word to set in train a vast array of events. That day he met the Iraqi ambassador in an effort to avert war. Later, making a statement to the waiting media, he began, ‘Regrettably…’ ‘Traders didn’t wait to hear the second word and a wave of selling hit the stock and bond markets.’
Dorothy Rowe, The Real Meaning of Money.