Guest Post: When Escape From A Previously Successful Model Is Impossible
by Charles Hugh-Smith
ZeroHedge.com
11/29/2012
Three visualizations describe the breakdown of PSMs–previously successful models: S-Curves, Supernovas and Rising Wedges. A successful model traps those within it; escape becomes impossible. We see the immense power of previously successful models. Straying from the previously successful trajectory looks needlessly risky, even as the trajectory has rolled over and is heading for unpleasant impact. Anyone who questions the previously successful model (PSM) is suppressed, fired or sent to Siberia as a “threat” to the enterprise’s success. Anyone who realizes the Titanic will inevitably sink and abandons ship leaves behind all their sunk capital: they leave with the figurative clothes on their back.
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