Friday, Dec 14, 2007
Boom Bust - An Economic Prediction Drafted In 2004
Internet: BoomBust.pdf
Today, I paid £1.36 (US$2.77) for a loaf of white bread of avaerage size (UK 'Tin' Size). Life for senior citizens receiving a UK State Pension is now unbearable. Therefore I have decided to take action and post this. I am sorry that it is a Mother of a Rant, but some one has to do something to STOP the political spin and lies about Gordon Brown's self aclaimed brilliant economic success based entirely on the voters borrowing money to keep his economic catastrophy afloat.
Posted by down wave @ 10:40 AM (848 views) Add Comment
15 Comments
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1. down wave said...
The Full Article: RULE BRITANNIA: PRIME MINISTER BLAIR'S AND CHANCELLOR BROWN'S LEGACY (File Date 2004)
MONEY, PROPERTY, EMPLOYMENT - HOW WILL YOU SURVIVE?
A DEPRESSION NATURALLY OCCURS EVERY 55 YEAR - BELOW: 200 YEARS OF BOOMS AND CRASHES
Public & Government Debt Has Reach an All-time High, the Government Has a Monstrous Black Hole to Fill and the Public Will Have to Borrow Even More to Pay The Comming Tax Increases. You Don't Need A Brain to Know the Inevitable Abyss is Already on us.
We Have Been Lured into Debt by a False Sense of Security & Government Lies.
What All of the Experts Would Tell You If Only They Dared?
Financial History Repeats Itself. A Period of Deflation Paired with Excessive Speculative Borrowing Causes a Crash. Too Many Civil Servants, Overt Taxation, Atrophied Manufacturing, Too Much Borrowing, Reckless Property Investment, Balance of Payment Deficit. Maintaining the Economy by Creating a Consumer Boom on £1.4trillion of Personal Debt.
This will Result in an Unprecedented Personal Bankruptcies & Increased Redundances. Will You Be Able to Repay Your Debts? Will Your Savings Be Safe Or Will They Be Lost by Bank Rupture?
FOLLOWING YEARS OF DERELICTION AND NEGLECT OF THE UNITED KINGDOM'S INFRASTRUCTURES & EXTRAVAGANT TAXATION
BREAKDOWN & SOARING COSTS IN: Manufacturing & Employment - Hospital & General Practice, Dental & Mental Health Services - Domicile Medical Care - Nursing Homes - Social Services -Ambulance & Fire Services - Public Healthy & Safety - Immigration Control - Railway, Aviation, Road Transportation - Industry & Production - Manufacturing - Employment - Shipping & Dock Services -Prison & Judicial Services - Postal & Post Office Services - Gas, Electricity & Oil - Farming & Food - Environmental Safeguards & Planning - Coastal Defenses - Pollution Control - Waste Disposal - Water & Sewerage Services - Housing - Architecture & Buildings - Town & Country Planning - Primary, Secondary & University Education - Tourism - Quality Control of Food & Drugs - Medical & Scientific Research & Development - Sporting Facilities - Youth Facilities:-
ACCOMPANIED BY: Selling Off of Public Assets -Mercenary Banking Services -Corrupt Pension Funds & Insurance Companies - Public Ignorance of Environmental Dangers - Public Obsession with Consumerism - The Consumer Debt Crises Out of Control - Intolerable Taxation -The Gluttony of Estate Agents & Valuers - Compromised Legal Profession - An Apathetic Royal Family - Complacency & Corruption of Members of Parliament & Government - Corruption of Law Enforcement & Adulteration of Policemen to Inland Revenue Collectors - The Complacency of British Corporate Management - Constrained & Deceitful Media & Public Information Services:-
ALL RESULTING IN INCREASED: Unemployment, Terrorism, Military Action, Crime, Fraud, Fear, Stress, Sickness & Disease, Prescriptive & Illegal Drug Use, Alcohol & Tobacco Consumption, Corporate & Public Accidental Deaths, Suicides, Divorce, Unmarried Mothers - Domestic Violence, Child Abuse, Public Demonstrations and Riots, Inappropriate Punitive Legislation to Create a Climate of Fear & Suppression of Freedom - Obstructing & Interference from Government Agencies in Domestic & Business Life, Personal & Corporate Bankruptcies, Property Crash, Residential & Commercial Property Repossessions - Devaluation the Sterling Pound -Large Losses in Stocks, Shares & Bonds.
I first drafted this document around 2002 and updated it in 2004. Four years later, we are seeing this every day in all of the Newspapers and Television.
You can download a free printable PDF of this including a 200 year financial history graph all on one sheet of paper.
http://whalemedical.com/BoomBust.pdf (ca: 130 KB - 20 seconds to download)
You can email it to your friends, family, estate agent, or print it out and post it to your Council Housing Rates Offices, your local Member of Parliment, your Bank, Building Society, your local Newspaper.
2. techieman said...
if it looks like a k wave it smells like a K wave and feels like a K -wave - guess what!!!!! Reason for extention - because this is the big one of Supercycle degree And / or Life expectancy has risen leading to a longer time for people to forget the last one....
3. James said...
This is hilarious. Where to begin? The graph with no scale, "not to scale"? The prediction of a crash in 2001 followed by a red line drawn on with a marker pen to make it 2007?
You've drawn a wiggly line, corresponding, as far as I can see, to *nothing* and surrounded it with a weirdly capitalised list rambling on about everything and nothing. Then again, what are we to expect from a website the main purpose of which seems to be sell quack-ish medical equipment? Seriously - if you look at the above link, do take some time to look at whalemedical.com, it's a barrel of laughs. I quote:
"NAKED SPIRIT - The Supernatural Odyssey
Containing the Physical, Psychological, Emotional and
Spiritual Global Maps for Health and Disease
Together with the Assemblage Point Blueprints"
4. japanese uncle said...
The bottomline (never mentioned in any economics texbook)
Boom and bust is staged by those parties in control of all necessary ingredients (parameters) such as IR and money supply which can be decided by now 'independent' central banks (we have just seen how arbitrary/political its decision process can be), crude price, media tone, etc. The most important factor that determines the length of cycle (peak-trough-peak) is the length of memory on the side of the mass where a period of time say 15 years may be long enough for the bitter memory to fade or to see a full turnover of generations, where the forgetful or the graduates/young workers without knowledge of history, neither read nor passed down by their seniors, thus utterly unwary of the dangers of asset bubbles, yet again are prepared to take on the risk that should/could never be taken in the first place. This is it.
5. techieman said...
JU - agreed the only thing we learn from history is that we never learn from history.
6. Hyrax said...
The housepricecrash boom-bust cycle diagram has a seconday up-kick in the current casued by the rate cut in 2004.
It reminds me of the jump deck they bolted on flight deck of the aricraft carriers in the 1980s. It provided greater lift for the jumpjets.
Extra air pump for the skateboard if you like.
The only difference between houses and jump jets of course is the jets have engines once they get airbourne.
I suspect houses launched this way fly less well.
Its a road-runner moment when the wylie cyote realizes he has run off the cliff. Its a long way downnnnnnnn...
7. This comment has been removed as it was found to be in breach of our Blog Policies.
8. cyril said...
let them eat cake
9. Abbo40 said...
On the subject of predictions, I will make a few:
1. We are heading for a depression
2. Huge amounts of unemployment will be caused as the consumer binge ends in tears
3. Towns will scrap parking fees and needless restrictions as nasty little councillors scramble to attract people to spend in their towns
4. There will be less of a rubbish problem as people waste less and repair more
5. Politicians and big business leaders will be seen for the frauds that they are
Any more suggestions?
10. Bertie Bunfest said...
This has no credibility. For a start what does the vertical axis of your graph measure exactly? Looks to me like you drew this thing free hand. Secondly you use the word Depression far too freely. Unless you are in your 80s you have never lived through one and have no idea what one is like. No one, not even the most doom laden writers of this website's forum, seriously describes the last recession (1990s) as a depression.
11. Bertie Bunfest said...
did not put correct email address with last comment. If above is wrong, try alexis@rollercoasterband.co.uk
12. sold 2 rent 1 said...
The banking system which underpins our society is about to be tested to the full. Kondratieff annoyed Stalin (in 1926) by predicting that capitalism would survive after a (the) great depression. The issues this time are more global and with more debt than ever. Maybe this k-wave is the final one. One comes next is anyones guess but a flawed banking system cannot go on forever.
13. sold 2 rent 1 said...
Life is about to change forever and most people haven't got a clue.
14. down wave said...
James, like several of the people posting on this blog site, you are probably and sacked estate agent/mortgage broker/bank manager, or even one of Browns back office gulags busily discrediting truth. Any way this is your Chronic Emotional Level of Health as printed on Page 75 of the Naked Spirit Book. Go Back & Read what you said; You exposed yourself - no ones else did it for you.
Negative - 3. Covert Manipulation, Concealed Hostility, Clandestine Malevolency
This is probably the most populated chronic emotional level in these times.
Problem: difficult to immediately assess that they are in this category; only time
reveals this to individuals higher on the scale as their game strategy unfolds.
Those in chronic grief and apathy ( - 3 and - 4), never comprehend their
strategies.
Always present a cheerful facade, often with a nervous laugh and constant
smile.
Appear calm, pleasant and resourceful.
Seem to be sympathetically or morally concerned in politely asking probing
personal questions about you, your work, your relationships, your sex life, your
politics or your religion.
Their anger remains invisible, yet they are petrified of anyone in anger.
Jealous and extremely dangerous.
Cruel cowards.
Manipulative, they engage in gossip readily but have no qualm in covertly
twisting facts around, to knife into the back whenever, wherever and to
whomever they can.
When confronted, they change the subject to move away from the point and are
always rewriting history or changing the truth about past events to suit their
current position. They will do and say anything to avoid exposure.
Through their appearance, word, propaganda or advertising they present
themselves, their services or products as being so nice, so charming, so
condescending and so helpful.
For objectives that they are too lazy or fearful to undertake themselves, they
covertly manipulate and subjugate individuals at chronic -4, -5 and -2 to do
their bidding and dirty work.
Their targets are any individual, families, groups, companies or nations that
they consider high on the scale (e.g.+3s; +4s etc.), attempting to bring them
down to chronic appeasement, grief and apathy (- 4 and - 5 levels). They would
like everyone on the planet at this level so that they can feel power.
They have little time for children unless they can use them as an introduction
or a weapon for manipulation towards their strategy of introverting others down
to -3 and minus 4.
Their unstated aim is to cause ruin, discredit achievements and split up
relationships.
At this they can be very successful and gloat when their victims go down into
the lower chronic levels of - 4 and -5.
Males at this level subconsciously know their fearful limitations. They can be
slothful, but have a need to control and suppress women down to the -4 and -5
levels so that they can feel secure in their sexuality, (as also happens in males
at -1 and -2).
Males at this level occupying influential or powerful offices can instigate acts of
terrorism and war.
You cannot trust anyone at this level with your health, your money, your
reputation, your safety, your husband, your wife, your children, your business,
your company, your country, or this planet.
15. James said...
That is a *huge* ad hominem! Thanks down wave! For what it's worth, I'm none of those things. I'm just very irritated with financial illiteracy and 'end of the world is nigh' predictions that make the site look like a ship of fools.
Now, perhaps (as Bertie has also asked) you'd like to tell us what your graph measures? Where can this data be verified?