Way back, on 99/08/11, I reported at
Message 10904323,
the following:
Dr. Ravi Batra says:-
"Well, I have observed a curious pattern since 1929 and that is that in the final year of each decade, there has been a nightmare somewhere on earth that had consequences for the entire next decade.
The 1929 Stock market crash had economic repercussions that lasted for the next decade.
Then in 1939 WW II started. That affected almost the entire decade.
And in 1949 the Chinese revolution started a nightmare in China that dragged the U.S. into a cold war and into many regional conflicts like the Korean War.
In 1959 the Cuban revolution took place. That was a very small country, but remember the U.S. and Soviet Union almost had a nuclear war over Cuba. With the Cuban revolution, the U.S. became determined to stop the spread of Communism which was part of the reason for getting involved in Vietnam.
And by 1969 the rate of inflation really began to accelerate, such that it reached double digits in the 1970's.
In 1979 we had the Iranian revolution, the Soviet invasion of Afganistan and a major sea change in U.S. monetary and economic policy.
Then in 1989 we had the fall of the Berlin Wall, which signified the global demise of communism.
And now, in 1999, another nightmare is about to occur."
Any offers regarding the impending "nightmare"?
I personally HOPE gold will soon make an explosive resurgence!
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Well, since my post was written, we have had the momentous stockmarket crash and unforgettable "9/11". And we now we have an ongoing War Against Terrorism Worldwide that may well take up most of the decade.
It now appears that the present decade is the decade for gold!!! and all that that implies. |
