Phase diagrams + OpAmp phase shift specs / phase margin are what you need to predict instability.
-------
EDIT: IMO it's also a lot easier to explain in the frequency domain. At 180-degree phase shift, all your negative feedback turns into positive feedback, causing instability. You need your amplifier to stay as far away from 180-degree phase shift as possible.
I get that what the author was trying to get to with the 'Tape Delay OpAmp' example. But it should be double downed upon and the starting point of the discussion rather than something brought up later IMO.