Our con­nec­tiv­i­ty not only spreads good ideas, it spreads bad ones too. Our con­nec­tiv­i­ty not only allows us to make finance trav­el around the world and help peo­ple, it means that a cas­cad­ing risk that orig­i­nates in the South of the US can be every­where with­in a mat­ter of hours. And this hyper­con­nec­tiv­i­ty, this but­ter­fly defect of glob­al­iza­tion, requires new man­age­ment.