" Optimism has … propelled the total amount of dollar-denominated debt to its highest in history and the quality of the debt to the lowest in history. Every financial crash has had the same setup, except this one is the biggest yet."
Preface to the 2014 edition of Conquer the Crash
Conventional thinkers waste time building shelters when they are unnecessary and then have no shelters when they need them the most. Socionomists do the opposite.