Read full text: https://www.oftwominds.com/blogsept24/cause-effect9-24.html?fullweb=1
The other scenario is a no-frills crash. I prepared this chart of the Nasdaq stock index based on bubble symmetry. Crashes come in a variety of flavors, but the end result is the same.
What's changed? Many things. What will be different about the results? That is unknown, but we do know that statistics drawn from previous sets of causal conditions have no bearing on what happens in the current causal conditions. This time is different isn't always what we expect; it can also play out with extreme prejudice.
New podcast: How Asset Deflation Could Play Out (35:37 min)
What's changed? Many things. What will be different about the results? That is unknown, but we do know that statistics drawn from previous sets of causal conditions have no bearing on what happens in the current causal conditions. This time is different isn't always what we expect; it can also play out with extreme prejudice.
New podcast: How Asset Deflation Could Play Out (35:37 min)
