Review of The Great Depression Ahead
The idea that you can predict future trends based on historical cycles has some merit. The author uses a myriad of cycles to explain his reasoning for his pessimistice outlook. Here are just a few: the terriosim cycle, innovation cycle, immigration cycle, geopolitical cycle, demograpic cycle, real estate cycle, various stock market cycles, commodities cycle, and the emerging markets cycle. The cycles range in time from as littles as eight or nine years, such as the terroisim cycle, to as long as 5,000 years for the civilization cycle.