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To: KeepItSimple who wrote (75658)8/28/1999 8:27:00 PM
From: Lizzie Tudor  Read Replies (1) of 164684
 
KIS I heard something interesting on BBC today. They talked about the parallels between the last turn of the century and today in the US. The years around 1900 were flush with new inventions and prosperity here, but the one invention that started it all was electicity (I had never thought of it on those terms). Based on electricity all this other stuff came along, including the reinvention of some things that existed before in different forms. The reported likend this to the internet and its effect on all sorts of other inventions, including the reinvention of retail etc.

The real point is that this prosperity in the last century lasted for a total 40 year period, approximately, beginning in the 1890s and ending in 1929.

So for all those that say this time isn't different, the question is, where are we in that 40 year cycle... year 5 or year 10?
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