more:
http://www.urbansurvival.com/blog/We Are Not Alooine - Or Are We?
June 15th, 2009
As a reader of UrbanSurvival (and maybe as a subscriber to our premium service Peoplenomics.com) you already know that my skepticism about both the depth and duration of what was first baled a ‘recession’ has been horribly underestimated by convention economists who have yet to come to terms with two hugely important economic realities.
The first of these is a 70-85 year economic cycle, which has features (starting from the Country’s founding) of a Civil War, a Great Depression, and now…whatever it is that we slide into between now and 2013. Cycles are real, and hordes of group-think economists of the lock-step variety won’t change that reality, any more than wishing the tide wouldn’t come in has a snowball’s chance in hell of working, either.
The other point missed widely is that the whole world’s economy is interdependent such that what used to be local or sub-regional economic impacts are now as contagious as the pandemic flu.
Having these two concepts firmly in mind, I’m just a little disappointed to read that