Haim may prove to be correct.
However, subprime is just one of many issues, all built up on the fact that USA Inc is one big carry edifice, and it can be wobbled
right now, subprime is doing the wobbling
the fact that the officialdom will more than likely step in at some stage is a negative, because the officialdom is part of the crack in the edifice, and as it tries to move, the crack will widen
the edifice, constructed on shifting sand and wrapped in shimmering fiction, will at some stage stop wobbling, as it reaches equilibrium, which by definition is the end of the edifice … and the start of the dark interregnum
in the mean nasty time, wobbles beget bigger wobbles, natural rhythmic frequency, harmonics, more violent wobbles, ... it is an old script
What Haim wrote can be written at the onset of 1929 wobble as well, and would not have been proven to be valid.
The dark interregnum of 1929 lasted until 1939, which then in some way contributed to and then gave way to the start of a darker still interregnum, that of World War II; just as the fiat inflation experiment in France led to the FRench Revolution, contributed to the eventual World War One, which then fed the desire for World War, part two, etc.
Stepping back to look at the schema closely may yield a better picture because one is far enough away, but close enough for government work |
