Mish's Global Economic Trend Analysis Message Board

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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (20017)	12/31/2004 11:25:04 AM
From: maceng2	Read Replies (2) of 116555

Re Atlantic Ocean tsunami I watched an excellent BBC TV program on the post Napoleonic War economic depression in Britain. I live in Scotland these days incidentally. War jobs of all sorts were lost; the armies disbanded and joined the queues of the unemployed. It got me thinking though. How close did Britain come revolution in the early 1800s? bbc.co.uk bbc.co.uk The TV program show’s that we came close several times. The good people of that era did some fantastic things though by social reorganization. They even outlawed slavery, though it was making more profit for this country than ever. Anyhow, I see Britain, Europe, and the USA sliding into a serious economic depression and I have stated my reasons why on this board and others. Back to the expected Atlantic tsunami though. Some more links. gwynnedyer.net I think "La Palma" is the needle like island on the far left in this diagram.. mantleplumes.org mantleplumes.org It’s a big piece of rock, it’s already started sliding and only the force of gravity is holding it in place, and it is moving slowly. Easy to put some sensors on it to see when it starts moving rapidly again though. Instead of a “war economy” being used to pull unemployment out of the mire, perhaps a “tsunami economy” could be planned. It would have two stages. (A) Before the wave hit. Planning on how to save most people. Preparation of emergency supplies. Training and drills. This would generate a huge amount of work. This might go on for several generations. (B) After the wave hit. It would generate the most work for all. Rebuilding of cities etc. Even if the big event does not happen for hundreds of years, lots of other unexpected things will happen and I suspect all such preparations and training would come in handy when there is minimum time to come up with a plan.

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