In order to define something as a "crisis" we also need to define what is the expected normal we're comparing it to...
Our inherent inability to understand complex systems and our need to control our surroundings makes us see as crisis any variation from what we believe to be normal or makes us uncomfortable...
But some might say that our need to intervene naively in systems we don't really understand is the exact reason we end up with crisis and black swan events.. because by removing the volatility from a complex system we are practically stopping it from finding a new balance.. this results in accumulated internal forces and increases the risk of a more violent breakdown when a truly unexpected event occurs..
Sometimes inaction is far better than naive intervention..
In order to define something as a "crisis" we also need to define what is the expected normal we're comparing it to...
Our inherent inability to understand complex systems and our need to control our surroundings makes us see as crisis any variation from what we believe to be normal or makes us uncomfortable...
But some might say that our need to intervene naively in systems we don't really understand is the exact reason we end up with crisis and black swan events.. because by removing the volatility from a complex system we are practically stopping it from finding a new balance.. this results in accumulated internal forces and increases the risk of a more violent breakdown when a truly unexpected event occurs..
Sometimes inaction is far better than naive intervention..
Just a different thought..