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Strategies & Market Trends : The Millennium Crash -- Ignore unavailable to you. Want to Upgrade?


To: Chip McVickar who wrote (1587)11/13/1997 3:58:00 PM
From: bobby beara  Respond to of 5676
 
Hi Chip,

I'm a fan of the Kondratieff Wave theory, I think you can see it taking place as we speak as the semiconductors fall from the sky as the autos did in 1929.

I believe the 87' crash coincided with the end of the cold war, like the bear in the 1919-20 was the result of the end of WWI. This is all discussed on the Magic Elf's page.

nwlink.com

I think the computer and monetary systems that you are putting faith in to prevent a meltdown, will do quite the contrary - - - - the lighting fast transactions and the incredible opportunity for error and malfunction could lead to disaster - not to mention the Y2K bug. History marches on regardless of how man thru his own folly seems to think he can master it.

People can hide in the sands of denial and debunk visionaries like Robert Prechter or Arnold Toynbee, but that doesn't make the problem go away.

Wars and the natural disasters you talking about usually happen in deflationary depressions. They are usually the result of financial crises, not the spark.

The spark has already been started in the east. Just a matter of time. A retest or deeper is in the works for sometime early next week - imo. This blip here according to the Master Blaster is the Fed adding liquidity - man's useless folly to try to stem the tide of history. Greenspans just putting his finger in the dyke.

best regards,
bob