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re: OT- Cooking the Books
Posted on 8/30/16 at 11:13 pm to samson'sseed
Posted on 8/30/16 at 11:13 pm to samson'sseed
Have you ever heard of Kondratieff Economic Wave Cycles?
If not, do some research on them. Kondratieff was a Russian economist back in 1925 who found a wave-like pattern going back to the late 1700's and when applied from then to now, it has proven almost perfectly accurate in predicting global economic events.
K-Wave cycle theory has us in an almost identical trajectory to the 1928-29 global economic crash that kicked off our Great Depression in 1929.
Right now, Europe is on the verge of economic collapse. The EU will break up any day now, and with it will crumble the Euro. Japan has just had its 4th straight quarter of recession, which means they are now in a depression by definition. Japan and China will start going at each other before too long over land and resources they both claim they own.
The same thing happened in the late 1920's. Half the countries of Europe and Asia had financial meltdowns and crashed.
When this happened, the US markets also dropped and completely crashed once global trade came to a screeching halt. And then something peculiar happened. Every rich and super wealthy bloke in Europe and Asia made their way to the US and began investing in our markets because the Dollar was still strong due to the gold standard still backing it. And our stock market went from 47 in 1932 to 197 by 1937. A 313% gain in just 5 years.
Well this is the same thing that's going to happen here except faster.
Europe and Japan are going to crash. Our markets are going to panick and have massive sell offs and a mini-crash. But then every rich clown in Europe and Asia is going to unload their wealth in our market in companies that have been stockpiling cash reserves, and our market is going to skyrocket up for about a year or so. Like maybe even hit 25,000 to 30,000.
But then it's all going to catch up to us. The debt, the under-funded liabilities, the wasteful over-spending combined with global trade being crushed, and us sitting in an inflation/currency/interest rate bubble that has hit its limits and bursts. And within 6-12 months, our markets will be below 10,000, and possibly as low as 6,000 again.
It's going to get crazy soon. If you don't maneuver through this incoming wave properly, you can lose your arse bad. But if you get out and back in and then back out at just the right times and invested in the right things, you can be set for life.
If not, do some research on them. Kondratieff was a Russian economist back in 1925 who found a wave-like pattern going back to the late 1700's and when applied from then to now, it has proven almost perfectly accurate in predicting global economic events.
K-Wave cycle theory has us in an almost identical trajectory to the 1928-29 global economic crash that kicked off our Great Depression in 1929.
Right now, Europe is on the verge of economic collapse. The EU will break up any day now, and with it will crumble the Euro. Japan has just had its 4th straight quarter of recession, which means they are now in a depression by definition. Japan and China will start going at each other before too long over land and resources they both claim they own.
The same thing happened in the late 1920's. Half the countries of Europe and Asia had financial meltdowns and crashed.
When this happened, the US markets also dropped and completely crashed once global trade came to a screeching halt. And then something peculiar happened. Every rich and super wealthy bloke in Europe and Asia made their way to the US and began investing in our markets because the Dollar was still strong due to the gold standard still backing it. And our stock market went from 47 in 1932 to 197 by 1937. A 313% gain in just 5 years.
Well this is the same thing that's going to happen here except faster.
Europe and Japan are going to crash. Our markets are going to panick and have massive sell offs and a mini-crash. But then every rich clown in Europe and Asia is going to unload their wealth in our market in companies that have been stockpiling cash reserves, and our market is going to skyrocket up for about a year or so. Like maybe even hit 25,000 to 30,000.
But then it's all going to catch up to us. The debt, the under-funded liabilities, the wasteful over-spending combined with global trade being crushed, and us sitting in an inflation/currency/interest rate bubble that has hit its limits and bursts. And within 6-12 months, our markets will be below 10,000, and possibly as low as 6,000 again.
It's going to get crazy soon. If you don't maneuver through this incoming wave properly, you can lose your arse bad. But if you get out and back in and then back out at just the right times and invested in the right things, you can be set for life.
Posted on 8/31/16 at 9:15 am to BeefDawg
Sorry, but Europe is not anywhere close to an economic collapse.
The EU will not break up.
I don't know where you get this doomsday crap.
The EU will not break up.
I don't know where you get this doomsday crap.
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