1. Collapse is rapid. Already some 2,000 years ago, the Roman philosopher Seneca noted that when things start going bad, they go bad fast. It takes a lot of time to put together a building, a company, a government, a whole society, a piece of machinery. And it takes very little time for the whole structure to unravel at the seam. Think of the collapse of a house of cards, or that of the twin towers after the 9/11 attacks, or even of apparently slow collapses such as that of the Roman Empire. Collapses are likely to take you by surprise.
2. Collapse is not a bug, it is a feature of the universe. Collapses occur all the time, in all fields, everywhere. Over your lifetime, you are likely to experience at least a few relatively large collapses: natural phenomena such as hurricanes, earthquakes, or floods – major financial collapses – such as the one that took place in 2008 – and you may also see wars and social violence. And you may well see small-scale personal disasters, such as losing your job or divorcing. Nobody at school taught you how to deal with collapses, but you’d better learn at least something of the “science of co,plex systems.”
3. No collapse is ever completely unexpected. The science of complex systems tells us that collapses can never be exactly predicted, but that’s not a justification for being caught by surprise.
…click on the above link to read the rest of the article…