Wednesday, November 21, 2012

2013 Looks a Lot Like 1937 in Four Fearsome Ways

Amity Shlaes

Will 2013 be 1937? This is the question many analysts are posing as the stock market has dropped after the U.S. election. On Nov. 16, they noted that industrial production, a crucial figure, dropped as well.  In this case, ’1937′ means a market drop similar to the one after the re-election of another Democratic president, Franklin D. Roosevelt, in 1936.  Top Read More….

My Take – This is an important article since Amity Shlaes wrote the definitive work on the Great Depression called, The Forgotten Man: A New History of The Great Depression, which I strongly recommend reading.  It isn’t easy reading, but nothing I read anymore is and shouldn’t be for you either…..provided you really want to know the truth because everything you see on the news; everything you read in the newspaper is a lie!

I have read it and I will tell you that all of what we see happening has happened in the past.  All the names and events keep popping up in other books on this subject and I will absolutely say this, and say it most emphatically.  There is no way that those in power can’t see what is happening and what the end result will be.  We have the events; we have the history; we know the causes; we know who did what and why; we know what the end result will be, and we are repeating all the mistakes of the past.  We are living in times far more scary than you believe.  I am frightened for us all because the insane are in charge of the asylum. 

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