Old Paradigm, Continues To Unravel
One of the qualities that define leadership is the ability to recognize shifts in power or (public) perception that may lead to a complete change of direction.
Once that’s done, the change or new thinking is crafted into an approach whose objective is to successfully navigate (for however long) what will eventually become a ‘no-brainer’ way of thinking or acting.
As the old way(s) disintegrate, those who refuse or are unable to recognize this change, are likely to start ‘acting out’ in bizarre fashion as they realize the old method doesn’t work anymore.
They’re not able to see the shift as they were never leaders (to begin with) in the previous construct.
In part, this is what Buffett (not an endorsement) may have meant when he said … ‘It’s only when the tide goes out, that you find out who’s been swimming naked.’
Well, the tide’s going out in a big way and the water is receding with ever more rapidity.
As said before, what’s happening right now, is a fantastic public service for those paying attention.
A more efficient way could not have been constructed to reveal who has the best chance to be left standing (and surviving) as, or if, we come out the other side.
Two links are going to be provided but not the ones to the specific examples at hand. Clicking on the links below will enable one to follow the rabbit trail and perform their own investigation.
Into The Void
As the old way continues to self-immolate with what looks like increasing speed, a huge (leadership) void is opening.
Actually, that void was always there; posers were only posing, fooling the easily fooled.
Now, the jig is up.
The smart ones in this on-going collapse have already realized, probably a long time ago, ‘certifications’ and lots of letters after your name mean absolutely nothing when it all hits the fan.
They either are themselves, or are looking (and rightly so) for hardened leadership and/or experience.
Women like Good Patriot.
Interestingly enough, at time stamp: 12:40 in her link she gives reference to Genesis 41. Coincidence? No.
Look for everything (supply chain, market implosion, The Speck, as we call it) to accelerate.
We can also get our popcorn ready for the self-imposed demolition of the ‘wealth management’ industry.
Prechter said it decades ago, ‘the next mega bear market will bring this sector to its knees’.
However, that’s an in-depth topic for another time.
In the meantime, go ahead and check for yourself. Pick any wealth management firm and go to their website.
I randomly went to three, just now.
One has a YouTube presence; one is local, and one is nationwide with over 7,000 ‘associates’.
All of them, every last one, are talking about the latest employment figures as if they are real.
Remember, these outfits are “certified” by the same (combined) entity that’s pumping out the false data.
Just sayin’ 🙂
Note: Posts on this site are for education purposes only. They provide one firm’s insight on the markets. Not investment advice. See additional disclaimer here.
The Danger Point®, trade mark: No. 6,505,279