The bag of money keeps circling the world. It create a boomlet in a certain part of the globe, loot and proceed to repeat it again elsewhere. It worked fine because the speed of the circling was slow. Today the pace is fast. Before the last boomlet and the looting is fully digested, the money bag arrives again.
Asia crashed 1997 and 2002 is looking up again. Compare that with South America. The last looting that started when Reagan administration propped interest rates all the way to 20% back 1982,took over 10 years to be digested. The following boomlet, starting with Mexico, Argentina and then Brazil, lasted between 8 and 12 years.
The South American crash of today, will last three years until the next boomlet starts over again. Asia will has a boomlet coming and the next three years it will revive, followed by a crash in three years, just in time to send the money bag to South America by 2005 - 2006. Let scholars talk about business cycles, but we know, for sure, that is just a search for laces to be looted.
The danger of the money bag moving around is that someone wil get a bigger share of the money and hold on to it. Germany and Japan are the cases in point. After te war the money bag passed Japan and Germany and thye held on to it.
The time the British passed the money bag North America, the US hold to it. Money bag is passed on to China by Japan right now under your eyes, Jay. |
