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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: the traveler who wrote (5526)2/12/2018 9:27:29 AM
From: Kirk ©  Respond to of 26631
 
Thanks for leading me to something new. I had to look that up.
I think it can all be attributed mostly to the fact that we are approaching the conclusion of the "Fourth Turning" which I fear is a real phenomenon but a story for another day.


From The Fourth Turning: An American Prophecy - What the Cycles of History Tell Us About America's Next Rendezvous with Destiny
First comes a High, a period of confident expansion as a new order takes root after the old has been swept away. Next comes an Awakening, a time of spiritual exploration and rebellion against the now-established order. Then comes an Unraveling, an increasingly troubled era in which individualism triumphs over crumbling institutions. Last comes a Crisis--the Fourth Turning--when society passes through a great and perilous gate in history. Together, the four turnings comprise history's seasonal rhythm of growth, maturation, entropy, and rebirth.


and
Feb 2, 2017 - Steve Bannon believes we are headed for a dark period that culminates in a great, bloody conflict. This is known as The Fourth Turning.
This is where Bannon's obsession with this book should cause concern. He believes that, for the new world order to rise, there must be a massive reckoning. That we will soon reach our climax conflict. In the White House, he has shown that he is willing to advise Trump to enact policies that will disrupt our current order to bring about what he perceives as a necessary new one. He encourages breaking down political and economic alliances and turning away from traditional American principles to cause chaos.
In that way, Bannon seems to be trying to bring about the Fourth Turning.
What is interesting to me, is President Trump to me seems most like "The Mule" who ruled the galaxy in Asimov's Foundation books.



To: the traveler who wrote (5526)2/20/2018 1:00:08 PM
From: Kirk ©1 Recommendation

Recommended By
the traveler

  Respond to of 26631
 
Here are some great inflation charts from Dr. Ed Yardeni, one of my favorite economists (along with Lakshman at ECRI and a few others.)