Sunday, October 2, 2011

The Monk

This chart which was prepared many years ago by a Monk, shows when good and bad times have occurred and when they will occur again.

Some outstanding dates were 1870 - the Franco-Prussian War - dear bread and scarcity of money in 1870, the Baring Crisis 1888-1890, 40 failures on the London Stock Exchange in 1888 to 1890, the American crisis of 1893, the South African War, 1899-1903, the Russo-Japanese War of 1904. 1915 speaks for itself, and so do 1931 and 1942. Recent recessions in the U.S. occurred in 1973-75, 1981-82, 1990-91 and 2000-2. The year 1999 was the peak of the high-tech boom and is shown at the top of the chart with the dismal down-turn indicated to last for 6 years to 2005.

The current recessionary/deflationary leg may last till 2012!

This is the box [ .......... ] Now think outside the box and watch me make disturbingly accurate calls on the I have been.

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