history doesn't repeat but it often rhymes is a useful base construct, how much do the macro differences between the 80s example cited in the post and today cha

history doesn't repeat but it often rhymes is a useful base construct, how much do the macro differences between the 80s example cited in the post and today change the model? we know the world is now much more interdependent, interconnected and moves at a faster pace, and that this can result in massive growth, but that we are also much more fragile to shocks. does it also mean that post-shock 'new normals' or 'next normals' may be fundamentally different than the previous state - punctuated equilibrium type models?