John J. Xenakis wrote:
Dear Anthony,
Anthony '58 II wrote:
> In a previous post (can't remember on which thread - it was a long
> time ago), I predicted that 2019 (for emphasis, October 2019
> specifically) will play host to the next big crash.
> Guess we won't find out for 15 years whether I'm right - but for
> now I'm sticking by it (and it may be preceded by a "foreshock" in
> 2017 which will end up being ignored).
Where did you get the dates 2019 and 2017 from?
Sincerely,
John
John J. Xenakis
E-mail:
john@GenerationalDynamics.com
Web site:
http://www.GenerationalDynamics.com
My inspiration for this was Dr. Ravi Batra of The Great Depression of 1990 fame; in that book, he mentions how the economy did actually recover immediately following the Panic of 1837 (in a chart in the book he calls this recovery the "Cotton Boom" of 1838-39) but then in the autumn of 1839 the economy went down for the count, and it required the Mexican War to get us out of the resulting depression.
Thus 1839 + 90 = 1929 + 90 = 2019.
And I also figured out where Dr. Batra went wrong in his prediction that the 1990s would play host to a "great" depression: He counted the 1870s as a "great depression" decade when he shouldn't have - the Panic of (September) 1873 did spawn a downturn that lasted until the spring of 1879; however, it was neither anywhere as deep as the depressions of the 1840s and 1930s, nor it did take a war to end it.
Hence the true "great depression cycle" is 90 years long - not alternatively 30 or 60 years long as Dr. Batra claimed - with the next Great Crash due in (the autumn of) 2019 (and the possibility of the 1837-39 scenario replicating itself providing the impetus for my use of 2017 in the analogy).
Furthermore, all of this can be neatly slotted into a plausible 4T morphology: War dominates the early Crisis (indeed we already have the war), with the Crash of 2019 marking the start of a classic post-war depression (similar to that of the early 1920s), with the recovery from said depression (projected by me for the spring of 2023, if for no other reason than the fact that the economy stopped contracting in the spring of 1933 after having crashed in 1929) constituting the Crisis' resolution (the 1958 cohort conveniently turning 65 in 2023).