Title: Mcgowanjm Wire 2012 Source:
[None] URL Source:[None] Published:Feb 26, 2012 Author:Various Post Date:2012-02-26 09:15:13 by A K A Stone Keywords:None Views:1374401 Comments:2390
Greater emphasis on interpreting the historical record in terms of cycles, whether or not they can be quantified in market terms, makes greater sense of the rise and fall of imperial structures as well as the smaller scale cycles within cycles that these examples represent. Ponzi dynamics are the underlying commonality at all degrees of trend for a fractal system based on swings of positive feedback in both directions:
From the Top of the Great Pyramid (2008)
At the largest scale, empires are also grounded in pyramid dynamics, which is why they too have a limited lifespan. They grow by assuming control, either politically or economically, of new territories, positioning themselves to cream off surpluses from an ever-expanding geographical area in a form of involuntary buy-in ...