JLak wrote:> I can't be the only one to notice the massive explosion of
> financial blogs. I'd say that most of the authors have no industry
> experience (I have none myself, so I claim no righteousness in
> this matter). This is hopefully a good thing because there seems
> to be a lot of rigorous and objective research within the melee of
> fuzzy logic and regurgitated opinions. What does this mean for
> Generational Dynamics? Will there be a great aversion to lending
> and borrowing as John has stated, or will it go the opposite way
> because millennials and beyond will understand financial systems
> well enough to make them an even larger part of everyday life over
> the next few decades?
> And for financial bloggers: my humble opinion is that I'd much
> rather read quantitative research, especially if you do not have
> the very specific experience to make qualitative statements. This
> site may be a little different because it integrates quantitative
> research with prediction of geopolitical events.
I do not by any means to consider this web site to be a financial
blog. This web site applies generational theory to history and
It just so happens that the major crisis right now is financial, and
so most of the articles right now are on the financial crisis.
At other times, this has been a "Gaza blog" or "Pakistan blog" or
"Iraq blog" or "Europe blog," etc. It depends on what's going on in
Having said that, this is really a remarkable time, because the world
has gone into a sort of "wait state." For example, the Calculated
Risk blog seems to say the same thing every day -- another bank
failure, more unemployment figures, more real estate figures.
The articles seem to be the same every day.
The same is true on CNBC. All they've been discussing for the last
year is, "Are we near bottom?" Practically every day is
interchangeable with every other day.
I feel the same thing. I could write another article on Sri Lanka or
Pakistan or Gaza or Darfur, but it would just be a variation of the
However, I have claimed and still claim that there is no other web
site in the world remotely like this one. In particular, there is no
web site, journalist, analyst or politician with anything even close
to the predictive success of this web site.
At some point, the waiting will be over, and there'll be a major
crisis -- maybe financial, maybe in Pakistan or China, maybe in
Europe. When it happens, other web sites will explain it in political
terms, and how it proves that Obama is right or Obama is wrong, or
This web site will analyze the event in terms of Generational
Dynamics theory, and this will be the only web site that explains
what's really going on, and what will happen next.