We get quarterly reports from this investment advisor.
I notice the cliffs happen to coincide with significant life events.
Immediately after some of the most important events in my life, big cliffs happen.
The cliffs happen on average at 12 year intervals.
One indication a cliff is imminent: In architecture we start seeing projects being proposed that “don’t pencil out”.
Super tall buildings are an indication.
Another indication is the % of bad debt in a population.
Another is we start to see people in really important positions who clearly have no idea what they are doing…