Authors: Luis Sancho
The 72 year cycle of global financial crashes is caused by new informative machines that overproduce digital money - stock paper, ticker electric money and e-money. As such they have a short 9 year product cycle of overproduction: 1848-57-64+72 train stock crashes->1921-29-37 electric crashes+72->2001-08-18 e-money crashes. Why 3? Because digital overproduced money is worthless, so speculators change it for the only 3 items of massive 'real value': real stocks, real state and real currency, inflating their price and crashing them:i.e. 1921 pound crash, 29-stocks,37 Ny real state; 2001-dotcom bubble, 2008-mortgages,2018bitcoin&$ then the only way to keep 'selling money' is war debt loans and arsenals of max. price=profit. So after those 3 crashes the world enters in Global war: 1860s-90s civil wars, unification wars, colonial wars fought with trains/steamers, 1936-53 wars fought with electrochemical engines (bombers, tanks). Hence: 2020-50s robotic wars. Problem is as stocks measure reproduction of machines-weapons their value in war age measures 'corpses'. ie. 1860s stocks 2 Dow jones, 700.000 victims train wars->1940s dow at 200, one hundred folding value and victims: 70 million. Now dow at 20 thousand, hence potential victims in robotic wars 7 billion all of mankind. Thus the system of printing money MUST change and be issued for welfare, Butter not Canons... www.economicstruth.com
Comments: 34 Pages. replaced, shorter, clearer, 1st january 2018
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