Scenarios about 'boom-bust cycle'
The recurring pattern of economic expansion followed by contraction that characterizes market economies throughout history. Boom-bust cycles feature periods of rapid growth, inflation, and speculative investment that eventually lead to market corrections, recessions, or depressions, often influenced by monetary policy, credit availability, and investor psychology. These economic rhythms significantly impact alternate history scenarios by creating divergence points where different policy responses or economic conditions could dramatically alter historical outcomes.
What If Calgary Diversified Beyond Oil and Gas Earlier?
Exploring the alternate timeline where Calgary embraced economic diversification away from fossil fuels decades before the climate crisis, potentially transforming Western Canada's economic landscape and energy transition.