The model you're vaguely remembering is actually an explanation for Kondratiev waves; it assumes they exist, which is far from demonstrated and may not be for many decades (data quality being what data quality is).

https://twitter.com/MorlockP/status/1306237522910031875

It's sometimes called the Deployment Shelf or the Shelf of Possibilities. The idea, which you can recognize from either Keynes or Hayek, is that most of the time investors are cowardly AF and avoid risk as much as they can, so as inventors and entrepreneurs tinker and get ...

@karabaic Uh...yeah. Where to start?

Directive 51 does not give the president any additional powers beyond normal emergency declarations. It does something far more drastic: it creates an emergency shadow government to locate and coordinate the pieces of shattered US govt @karabaic Directive 51 essentially anticipates that the greater part of the Federal government are dead, captured, or otherwise unavailable to govern, and that all our many other levels in our complex federal system are in deep shit too. The president can activate it for things like ...