The Big Reset I worry about rare events. Events that happen less than one percent of the time. Why? Because I live in a world cursed by these events. That’s the age we live in. The continual series of once-in-a-lifetime financial catastrophes. Most people start with the dot-com bust, but that’s because history is poorly taught. I’m going to choose an arbitrary starting point but here is a list. The Arabia oil embargo (early 1970s) The 1970s inflation (1974-1980).