The unfolding time for the end of globalization or a worldwide deflation is much longer, certainly measured in years, if not decades.

Resilience, timing, adaptation - these are the three pillars upon which the emergent properties of interacting systems rest. When the systems are the economy and the environment, understanding of the relationships among these concepts is crucial. This volume does a better job of explaining how to manage both money and nature to ensure humanity's long-term future than any other work I know of. Read and reflect.

If the group has a negative social mood, believing that tomorrow will be worse than today, the bias goes in the opposite direction. Instead of "welcoming" we have "rejecting," instead of "global" we tend to see events that are "local" and so forth.

Trying to solve the problem by creating more debt is analogous to trying to stop being an alcoholic by going on a bender down at the corner bar.

At some point, the world is going to have to bite the bullet and accept a huge downsizing in its way of life to bring the assets-to-debt ratio back in touch with reality.

Reality is a wave function traveling both backward and forward in time.

I believe is that we can forecast the "changing landscape of context," and thus get insight into when we are entering the danger zone of an X-event.