| title | Economy has cycles | |
|---|---|---|
| tags |
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Markets move through phases of peace, war and wonder. Each stage calls for different tactics and levels of investment.
- Industrial Policy β trigger: government investment often ramps up during war or wonder phases.
- Last Man Standing β influence: contraction phases can drive attrition strategies.
- Playing Both Sides β influence: this strategy is a response to high uncertainty and competitive conflict, often during specific economic cycles.