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Crises Follow Patterns of Inequality and Competition
Global crises occur approximately every 250 years and can be predicted using three key variables: income inequality, decline in average wages, and competition for elite jobs. Historical examples confirm this pattern, including the French Revolution, the religious wars of the 1600s, and the Black Death. Each crisis typically leads to mass war, famine, a significant decline in global population, and major social changes driven by political disturbances. The connection between these crises and inflation as a predictive tool is highlighted in David Hackett Fisher's work, 'The Great Wave'.