Wednesday, March 15, 2006
Need + Urgency
In a Comment, William P. Fisher, Jr. adds "need + urgency" to the requirements for a "tip" to occur. Perhaps those will be the implosion of the Housing Bubble:
combined with the huge personal debt, trade imbalance and overspending by tax authorities. When the crunch comes, there will be an urgent need to fund "what works" in a measureable way and ditch the rest.
combined with the huge personal debt, trade imbalance and overspending by tax authorities. When the crunch comes, there will be an urgent need to fund "what works" in a measureable way and ditch the rest.