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Showing posts with the label Doom Loop

San Francisco Doom Loop Quickly Spiraling Out of Control

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San Francisco’s doom loop just got worse. On the heals of the Hilton Hotel in downtown defaulting on their loan, another major player is packing up and heading out. KPMG, a prominent consulting and accounting firm, has decided to vacate its prestigious, namesake $400 million office tower. * * * * The root causes of this mass exodus are multifaceted, with businesses and residents citing escalating crime rates, an uncontrolled homelessness crisis, and the rise of remote work as primary factors driving them away from downtown San Francisco. * * * * Other highlights from the article- Nearly 100 retailers have shut their doors since the pandemics onset. In the first five months of 2023 alone, San Francisco witnessed 346 overdose deaths, marking an over 40 percent increase compared to the same period in 2022. The city’s high theft rates exacerbate this situation, with incidents like Walgreens in the city center being forced to chain their freezers to deter shoplifters. In Union Square of the...

The 4 Phases of the ‘Spiral of Death’ Facing Our Nation’s Largest Cities

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The 4 Phases of the ‘Spiral of Death’ Facing Our Nation’s Largest Cities by Ken W. Good Across America, some of our major metropolitan cities are facing a crisis created by their own politicians seemingly intent on destroying public safety, while chasing away both businesses and citizens. Unable to keep up with lost revenue, increasingly, we will see municipalities getting overstretched and facing collapse if course corrections are not made. This dire situation is analogous to the “death spiral” experienced by ant colonies. Well-known for their self-organizing structure, ants search for food by following the ant in front of it. This behavior also allows them to find their way back to their nests. Sometimes a slight deviation occurs, typically caused by an environmental trigger, and an ant mill forms. When this happens, a group of ants will be separated from the main foraging party. If they lose track of the group’s pheromone trail, they will default to following one another, forming a ...

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