“We never thought it would happen to us.” This what many said during the housing bubble as they lost their homes. But centuries earlier, the tulip bubble in Holland showed how easily such bubbles expand and then explode.
Every man-made disaster and catastrophe has at least six Cascade Events leading up to the final event, the catastrophe according to the Rule of Seven.
This is a quick read of the Cascade Events that led up the economic downturn caused by the housing bubble bursting.
Bob examines the Rule of Seven, and how human error plays a role in many catastrophes. Nothing happens in isolation or as a result of a single event. Thus, by learning from history, we can gain insight into preventing a similar catastrophe in the future.
This is one of many catastrophes that Bob Mayer, former Green Beret, West Point Graduate and NY Times Bestselling Author, examines in his series of shorts: The Anatomy of a Catastrophe.
Every man-made disaster and catastrophe has at least six Cascade Events leading up to the final event, the catastrophe according to the Rule of Seven.
This is a quick read of the Cascade Events that led up the economic downturn caused by the housing bubble bursting.
Bob examines the Rule of Seven, and how human error plays a role in many catastrophes. Nothing happens in isolation or as a result of a single event. Thus, by learning from history, we can gain insight into preventing a similar catastrophe in the future.
This is one of many catastrophes that Bob Mayer, former Green Beret, West Point Graduate and NY Times Bestselling Author, examines in his series of shorts: The Anatomy of a Catastrophe.
