Earthquakes
The Pendulum Of History
The Pendulum Of History Authored by Charles Hugh Smith via Of Two Minds,This is Essay #8 in the series Truth Be Told.A great many phenomena in both Nature and human history follow cyclical patterns, while others form waves. Author David Hackett Fischer (The Great Wave: Price Revolutions and the Rhythm of History) described the difference between cycles and waves:"Cyclical rhythms are fixed and regular. Their periods are highly predictable. Great waves are more variable and less predictable. They differ in duration, magnitude, velocity, and momentum. One great price wave lasted les