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But that is a relatively small number given the widespread contagion.
The good news is that the risk of widespread contagion from Argentina to other emerging economies may be smaller than a few years ago.
This theory, developed by sociologists such as Gustave Le Bon, saw the crowd as a kind of monstrous living organism, in which individual identities were inexorably subsumed, subject to widespread contagion, from a single germ, or bad actor.
The phrase "skirts-over-trousers" has the majority of us recoiling at memories of Nineties fashion criminality, thanks to a then widespread contagion of wide-leg trousers with a mini skirt stitched to the front.
The research would not be limited to political and economic events, but would also explore the ability to predict pandemics and other types of widespread contagion, something that has been pursued independently by civilian researchers and by companies like Google.
Plague is a fatal disease so infamous that it has become synonymous with any dangerous, widespread contagion.
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A puzzling respiratory virus that has plagued Saudi Arabia caused a surge of deaths over the weekend, triggering fears of human contagion and widespread transmission.
His financial single-mindedness later led to accusations that he had helped to engineer the Asian financial crisis of 1997 when the Thai baht collapsed, triggering widespread financial contagion across the region.
While Wall Street's masters of the universe might not directly affect the overall Gotham market, the possibility for a widespread psychological contagion could slow buying in all sectors.
However, despite its widespread application, the contagion index is very dependent on pixel resolution.
Failure to move CDS--even the standardized ones--to central clearing was a key contributor to the crisis: CDS clearing, a "utility" function, remained inside Bear Stearns, a private risk-taking firm, and so when Bear collapsed, there were widespread fears of contagion through CDS interconnections.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com