There's another name [0] for the "business cycle" and it doesn't rely on superst... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		PheonixPharts on May 22, 2024 \| parent \| context \| favorite \| on: Business Booms and Depressions Since 1775 (1943) There's another name [0] for the "business cycle" and it doesn't rely on superstition either. Unfortunate that theory predicts those crises will trend getting worse and worse until the eventual breakdown of the system. 0. https://en.wikipedia.org/wiki/Crisis_theory

pictureofabear on May 23, 2024 [–]

This sounds a bit like a blind squirrel finding a nut or the no true Scotsman fallacy.

If the system doesn't break, then clearly the crisis wasn't big enough just yet... but eventually it's going to break!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact