Saturday, June 28, 2008
Body Count, Greenspan, Fourth Turning, Dead Pool
I just look at "Greenspan's Body Count" blog from a post to my site "Buy California" which someone recommended I should call "Short California." Indeed, but it's also a good time to buy. The old model; Buy low, sell high. So, at Greenspan's Body Count, my take is that the entire blame for today's US economic wreck is due to Greenspan's impact over the years. I believe it goes far beyond Greenspan. His policies are only one piece of the pie. The "body count" is the increase in suicides, O.D.s, heart attacks and human stress as a result of Alan's impact on the market. I subscribe to the models and theories of the Fourth Turning and subsets of the Kondratieff Wave which, in general, show four sets of 20 year generational cycles, equalling eighty years, and then the pattern repeats. There is similar overlaying wave of the life of a country. So, the Country and the People have these waves overlapping, roughly every so many years, and history repeats itself economically. Tony Robbins did an AMAZING interview in 1999 with the authors of the Fourth Turning (William Strauss and Neil Howe) and a follow up after 9/11. So, before we put all the blame on Grenspan or a president, or a policy, Check out the Fourth Turning. You don't know what you don't know. Grab that Anthony Robbins interview from his Power Talk series, probably available on Amazon or a download. It's fun, enlightening, and bone-chillingly DEAD ON. There's your Body Count. All of this has happened before, and it will all happen again.
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