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Mauldin/Casey plug The 4th Turning - Required Reading


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#1 salsabob

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Posted 30 December 2008 - 12:01 PM

While obviously not immediately helpful to day traders :rolleyes: , this Strauss and Howe book, written over a decade ago, provides a pretty good perspective on what is happening today that is the underlying major force now driving all markets.

John Mauldin gives a nice plug to a Doug Casey overview of Strauss and Howe's work here -

http://www.investors...-of-crisis.aspx

This week I have a special Outside the Box for you. My long-time friend Doug Casey wrote a very prescient piece back in 1997. He has updated it somewhat for today's times. The critical part is a summary of the work of Richard Strauss and (friend) John Howe and their book The Fourth Turning, which I consider one of the more important and prescient (that word again) books of the last 25 years. (Amazon.com). It should still be read today. It is seminal to understanding the times we live in.

Doug summarized the book and makes some observations based on that understanding, many of which turned out to be true and some of which may well be in out future. I think you will find this to be very useful and enlightening if you are not familiar with their work, and a great review if you are


Unfortunately, Bill Strauss past away a little over a year ago at the young age of only 60.
John Galt shrugged, outsourced to Red China and opened a hedge fund for unregulated securitized credit derivatives.

If the world didn't suck, wouldn't we all just fly off?