Track F · CrisesNode F1
Anatomy of a crisis
Layer 1 · Pocket
~ 30s readThe thirty-second answer
Every financial crisis runs the same script. Years of quiet borrowing build up. Something specific finally breaks the spell. Then a few panicked weeks, a few panicked months, and a rescue large enough to stop the bleeding.
If you're hearing “this time is different”, you're in Phase 1. If you're hearing “no one could have seen this coming”, you're in Phase 3.
The crisis script · five phases
- 1 · Build-up
- years
- 2 · Trigger
- a moment
- 3 · Panic
- weeks
- 4 · Contagion
- months
- 5 · Intervention
- decisive, when large enough