NOTE: this chart is NOT based on a log-scale
Yeah libertarians love these charts, especially the one with the "political compass"
It's all bullshit, the zero point is the natural state of Man, while every agenda has its own axis towards tyranny. Also you cannot put one agenda against another each has it's own axis. Every agenda increases tyranny, even when you can't draw that on a sheet of paper or graph it in space.
OP: what makes you so sure that we are still so early in the phases? The selloff last week where we reached 4.18 could alredy qualify as the panic phase. Or were even the point of Maximum Financial Opportunity.
It's easy to classify these in retrospect, but you can't just say that the emotional outbursts have to be that or that severe. There is always some larger scale, just classifying it by words doesn't really help.
The one mans terror might be the other mans everyday life... who knows.