5.11 This is a steaming pile of doggy-do, I'm out!

Published: Nov. 29, 2020, 1:07 p.m.

Commentators talk about the tipping point with abandon even when the models they reference do not have such self-referential loop.  Tipping point is less nature and more human emotion and the best example is the critical moment in the financial crisis when investors would not purchase the near-cash instruments called commercial paper.  When the excrement infused into the blood of the financial system, the only outcome had to be a coronary. --- Send in a voice message: https://anchor.fm/riskpearlswisdom/message