Sunday, 3 April 2011

Past, Present and the Future

I m reading about what happened in the great depression of 1930s.

I am also reading about what happened in the panic of 1800s.

History does repeat and will repeat.

Expect to see the following in the coming future -


  1. New car registrations will fall dramatically. This is already happening in the UK.
  2. More job losses to come. The US unemployment rate - I mean the real one - will rise and not fall.
  3. Lots of new Acts will be passed by the Govts to stimulate jobs and create new ones. 
  4. Govt sponsored employment schemes will come up.
  5. Capitalism will be hated and small groups will spring up that oppose them rich
  6. Violence is set to increase
  7. Lots of mini booms and busts will happen on the way to th final bottom. We had the massive crash in 2008 and the massive boom in 2009-10. This will be a regular phenomenon
  8. Staying in CASH is the only thing you can while the mkts crash around you.

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