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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (9386)9/15/2001 11:29:53 PM
From: TobagoJack  Read Replies (8) of 74559
 
Hi Maurice, This is important. Do not believe anything on TV on first sight, because, guess what, we are at war. Take cover. Whatever were your assumptions underpinning 6.odd billion cellular phones before the 11th, time to stop, think, reflect and act, before this Monday morning, either buy more or reallocate. You did not price in WTC disappearing in 190 minutes. And, just maybe 1.odd billion folks are not interested in cellphones at all.

Take cover thus ...

Message 16355949

<<In any case, I have 'commanded' my mom, aunt, wife and mother-in-law to (a) forget the Paris trip, (b) drastically cut frivolity, (c) buy only food and replacement clothing, and (d) not believe anything they read or see on TV at first sight, about events past or future>>

And, no, the Aztecs are certainly not getting nervous. The Aztecs are now the calmest folks all around, because the vision is coming true, on TV. The War is no longer just a video clip.

Maurice, as I had earlier asked you to check out “Devil Takes the Hindmost” and “Power of Gold”, I now ask you to buy the few remaining copies of “Blood in the Streets” ...

amazon.com

by James D. Davidson, William Rees-Mogg

wupa.wustl.edu

visi.com

english.peopledaily.com.cn

english.peopledaily.com.cn

weyrich.com

casi.org.uk

... and yes, they do talk about New York City, specifically in the context of an act of terror, from the sky.

I have been reading their 1994 book, The Great Reckoning, How the World will Change in the Derpression of the 1990s, Chapter 7, Muhammad Replaces Marx: The New North-South Division of World Politics.

Their summations and projections, indeed, were prophetic.

"The new division of world politics will be much less an East-West division than a North-South division. It will be a division between the rich world of material progress and market economies in the Northern states, and the more backward, heavily populated lands to the South...The revival of religion will not merely be a revival of Islam, but Islam will come to define the terms of conflict between North and South. Islam is the religion of Europe's southern border. Its is the world religion that historically has posed the gravest threat to the Judeo-Christian tradition. It is also the religion of the frontline states that confront Israel and oppose the aspiration of the Jewish people for a Mideast homeland. Even more importantly, however, Islam is the faith of those who control the world's oil wealth...Islamic militants, reared in poor economies and a different culture, are more willing to fight and die for their faith..."

"...The U.S. alone spent 10 trillion dollars during the Cold War in developing a formidable military force. But the money was largely invested in anticipation of conflict at a large scale with another superpower. The U.S. has far less capacity to project power against irregular forces at the periphery...American military operations against Iraq, however successful, could only obscure the fundamental mega political logic, not change it. The next crises of the postwar world will find the power equation even more unfavorable to the suppression of violence."

"The difficulties faced by the superpowers in confronting a conventional force operating at a distance, like the Iraqi Army, are compounded one hundred times over in confronting irregular terrorist bands and small groups. Such groups can inflict severe damage (what an understatement) on the operation of vulnerable large-scale systems...The huge increase in the cost of suppressing piracy and terrorism is the major reason you should expect more of them in the future - whatever the fate of Saddam Hussein."

The whole subject of their book, the collapse they anticipated, is a geopolitcal shift where the dominant superpower, the U.S., can no longer afford to police and keep its principles of freedom, free trade, etc. operational and, consequently, will collapse under the weight of that economic effort.

I will take the weekend to re-read this entire book and reflect further. I have also been glued to CNN all week but am getting a wider perspective now from BBC, as usual, for important developments outside the U.S.

The thread changed its name to be politically correct, but now our subject matter will extend far beyond December 31, 2001.

<<graphically described by Jay earlier this year in 'headlines to be expected' - some of which are not far off track!>>

Message 16024396

Message 15421566

Message 15113604

and I lack imagination, however, I am not concerned about Monday; I am concerned about the whole of 2001-2010.

<<Still waiting for the Great Financial Collapse of 2001 - but not expecting it to happen. Though I have my fingers crossed. The gold price doesn't suggest major panic and collapse>>

Step back from your cellphone and look at the big picture.

Definitely do not believe most of what you read on any Dow Jones publication. Now that the fantastic has happened, and we see the authorities openly manipulate the market, what would be so unbelievable if gold was indeed and in fact manipulated all along, unwittingly or otherwise. Anticipate the danger, and survive.

Chugs, Jay
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