It's like a stock-market bubble/crash, where prices can keep going up/down because [investors are acting following one-anothers' lead](https://en.wikipedia.org/wiki/Trend_following ).
In both cases, the social-animals are following their peers, inferring direction from them, ultimately forming a big loop that doesn't actually progress to a desired social-outcome because everyone's following everyone-else.
In both cases, the social-animals are following their peers, inferring direction from them, ultimately forming a big loop that doesn't actually progress to a desired social-outcome because everyone's following everyone-else.