05-19-2018, 01:43 AM
(05-18-2018, 03:08 PM)beechnut79 Wrote:(05-18-2018, 02:40 AM)Eric the Green Wrote:(05-17-2018, 08:12 PM)beechnut79 Wrote:(05-17-2018, 03:03 PM)pbrower2a Wrote:(05-17-2018, 02:40 PM)beechnut79 Wrote: Do you feel as though the financial malaise you are predicting will be severe enough as to make the 1930s Great Depression seem like a walk in the park, as many have speculated that something like this could happen? Don't wish it to happen but that's what it may take to undo the philosophy of Money as God.
At least we know what to do about another reprise of the sort of economic meltdown that followed panics of 1857, 1929, and 2008 -- if we have the means (savings and tax authority).
Have said many times that today's society would have a much more difficult time handling a Great Depression than the people alive at that time did. More of them knew how to grow their own food, etc. Do you feel that if this does happen it will make housing much more affordable again, and perhaps a comeback of rooming house situations?
The economy seems to be going too well to crash so soon, even though the prosperity is very thin. I had predicted the 2008 crash, and have predicted that it will be the worst in the lifetimes of people today. The worst we can expect in 2019 is a recession, possibly a mild one. If it's enough to scare people into voting Trump and Republicans out in 2020, then as productive policies get restored over the following 3 or 4 years, a boom time could develop. This might even continue if, as I predict, controversy and conflict could ramp up at mid-decade.
Well, ya herd it here
But yet didn't you predict that the crux of the current crisis wouldn't manifest itself till the turn of the decade. If your prediction is correct then we have a little more than a year and a half to go.
Yes, but what is described by Strauss and Howe as the "crisis climax" won't arrive until the last 4 or 5 years of the Fourth Turning, which will start in 2025. So what happens in 2020 will be, as the Parkland student Ryan Deitsch said (and as I already described the 2020s), revving up the engines. While the 2020s won't be just like the 1960s, it will resemble that decade in the way that things unfold. Take a listen to this exciting speech and how it ends.