11-02-2016, 08:16 AM
(11-02-2016, 07:53 AM)Anonymous24 Wrote: "I'll stick with my original October 2019 date for the financial crash."
Some kind of catastrophe typically happens every 80 years in American history. Revolutionary War from 1775-1783, Civil War from 1861-1865, World War II from 1941-1945, so based on that it seems something bad might happen in the next presidential term or two.
I see the 2000 Tech Crash analogous to the Panic of 1921 and the more severe, protracted, and dangerous financial meltdown beginning in 2007 parallel for a year and a half to the economic meltdown beginning in the Great Market Crash of 1929, toughly 80 years apart in both cases.
The question: did Barack Obama and other contemporary politicians throw a monkey wrench into the imaginable (if horrible) need for a full meltdown that would have forced major reforms of the economic order as Americans accepted in the 1930s, or do we have the other shoe waiting to drop with a completion of the meltdown?
The ideal subject of totalitarian rule is not the convinced Nazi or the dedicated Communist but instead the people for whom the distinction between fact and fiction, true and false, no longer exists -- Hannah Arendt.