Tag Archives: crisis

When Long-Brewing Instability Finally Reaches Crisis

The doom-and-gloomers among us who have been predicting the unraveling of an inherently unstable financial system appear to have been disproved by the reflation of yet another credit-asset bubble. But inherently unstable / imbalanced systems can stumble onward for years or … Continue reading

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How Systems Collapse

I often discuss systems and systemic collapse, and I’ve drawn up a little diagram to illustrate a key dynamic in systemic collapse. The key concepts here are stability and buffers. Though complex systems are never static, but they can be stable: that is, … Continue reading

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Crisis of Meaning = Crisis of Work

Allow me to connect two apparently unconnected dots. Dot #1: The last sugar plantation in Hawaii is closing down, ending more than a century of plantation life in the 50th state. Dot #2: a new study found that Nearly 95% … Continue reading

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Some Thoughts on Greece’s Exit from the Euro (Grexit)

Greece has the potential to be the small domino that ends up toppling much larger dominoes. Here is a preliminary semi-random list of thoughts on Greece’s exit from the euro. 1. I make no claim to expertise in this matter–but … Continue reading

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The Essential Role of Volatility, Stress and Dissent

The individual or system that never experiences dissent, volatility or stress is systemically unhealthy and increasingly prone to sudden “gosh, I didn’t see this coming” collapse. To say that volatility, stress, dissent are not just healthy, but essential for maintaining … Continue reading

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