Ideas from books, articles & podcasts.
Currently, we observe decline all around us, whether it's the stock market, travel, or jobs.
There are three different Types Of Decline: Narrative, Physical and Technical/Legal.
Narrative Decline is when the capabilities remain the same but a narrative shift happens in the things we believe in and subscribe to. Narrative shifts determine whether we neglect, utilize or leverage our assets. Example: The stock market.
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.. is when there is a loss of machinery, infrastructure and people, be it from war, or natural disasters.
The rebuilding of physical decline can also provide a powerful economic boost. This can also lead to inflation, as the capacity to make goods has been destroyed.
Losing people due t...
..is a type of decline in which due to a personal narrative, circumstance or condition, the work terminates, and one's identity is no longer able to survive.
If a business suffers bankruptcy, or if a person has defaulted or is arrested, a certain 'absorbing barrier' is reached, and a...
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Recessions are part of the fabric of a dynamic economy. The average investor fears recessions because they mean lower home prices, lower stock prices, and less or no work.
Several things can cause, or worsen, a recession — soaring interest rates, or ill-conceived legislation. If you unders...
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