comments

Taking "Hits"

Everybody wants to hang on to something that they thought they had. Deflating excess valuation is tough -- renegotiating mortgages, cutting pension benefits, reorganizing General Motors. The psychological easy-out is to hang on and hope. One of our big challenges is coping with physical reality.

RELATED ARTICLESExplain
⌅
Compression Thinking
⌃
Compression vs. Expansion Thinking
⌃
Expansion Economics
■
Taking "Hits"
□
History - how did we get this way?
□
Bubbles
□
Internal vs. external costs
□
Systems Based on Markets
□
The system evolved to promote physical expansion
□
Graph of this discussion
Enter the title of your article


Enter a short (max 500 characters) summation of your article
Enter the main body of your article
Lock
+Comments (0)
+Citations (0)
+About
Enter comment

Select article text to quote
welcome text

First name   Last name 

Email

Skip