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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: Kona who wrote (19488)	8/24/1998 7:57:00 PM
From: Front Beach	Read Replies (1) \| Respond to of 50167

Intrude anytime..... Hello Kona, ... it has been a while since I read a couple of his books in detail, but just the other night I did a 30 minute graze through his book titled The Great Depression of 1990 (sequel: Surviving the Great...) Thought provoking works... Answer to your question is Yes, and I think Yes again. These works helped me personally through a very difficult period of time throughout the first half of the 1990's. As a background, I am in Canada. Our "home-made Depression" went from 1989 to about 1992/3 at which time some could see the burden being lifted, and then 1994/5/6 when the whole populace could feel better and get back to normal. Dr. Batra made a couple of calls back in 1983 which I found uncanny, one of which if I remember was the 1987 Dow dip. Dr. Batra also called the start of the 1990 economic recession close enough to really catch my attention. He then predicted the complete turnaround at around 1996 or so, which has proven from the Canadian perspective to have been deadly accurate in so far as calls go. So,.. was he 10 years off predicting the 80's recession....? My mind is saying that 10 years before the 90's he had a feeling of what could be in store... and when! Thanks for your post. SP

To: Kona who wrote (19488)	8/25/1998 2:20:00 AM
From: IQBAL LATIF	Read Replies (1) \| Respond to of 50167

The Bankruptcy of America was the title of the book- suggestions included long in gold and short in stocks and TB's. His forecast was that the federal deficit would rise like a hockey stick and the resulting interest rates rise and high inflation would bankrupt every thing which produces Gold and commodities was way for year 2000- if anyone would have invested on Dr Batra advice we would see a 100,000$ today worth 17,800$'s and if you would have gone against his advice your money would be 753.000 $'s. Instead of a trillion $ annual deficit in the budget as projected by him for 1996 we are in 1998 sitting on a excess of 40 billion $ moving towards an excess of 300 billion $ in next five years and I am sure that with Gingrich trying to take the purse away from Washington US will be in 15 years a nation whose social security instead of a zero sum game will be 60% funded. Moreover US does not have the looming specter of aging population without replacement- it is projected that Japanese by year 3050 will be a rare commodity they will just erase themselves out of existence as lack of interest in multiplying and taking responsibility ma y result in sad extinction of a great race, on the other hand US will keep multiplying rather have a population growth rate which is envy of lot of nations who wish to remain racially pure and pristine.. US has its million of advantages one being it is a model of a future society with its million ills- this is how I see the world will amalgamate or fuse together and will progress-- US society for me is a model where immigrants like Indian Chinese and people from all over the world has been given that respect and advantage which yields the best out of them, this is one reason 'demographic deflation' which is now faced by many in Northern hemisphere' is not a threat to US. This opening up and fusion in itself is one of the greatest achievements of founding fathers. Me sitting here from outside just hope that my thinking may just not be wishful..