2 chapters across the catalog
Historical analysis of the 1918 Spanish Flu pandemic reveals that a massive economic boom began at the peak of the outbreak, leading directly into the Roaring 20s. The stock market hit rock bottom during the worst part of the pandemic before skyrocketing. The segment questions whether modern central banks can control markets effectively enough to prevent a similar post-pandemic surge or a planned depression.
Economic Panic of 1847, Railway Bubble, 2017 Forecast
The Panic of 1847, caused by a collapse in the British railway industry, is identified as a historical parallel to the 2007 housing bubble. Based on 80-year and 170-year economic cycles, a major global collapse is predicted for 2017. This cycle theory suggests that the world may avoid a total collapse in the immediate term but will face a significant downturn in three to four years.
