GYOFB

T.

Marx says that:
"History repeats itself, first as tragedy, second as farce. "

Wait that wasn't the right quote:
"Each age only asks the questions it can answer."-marx
(sorry to pull out the marx, imagine it's Zepo)

One would think that this time, we will ask different questions. History Rhymes not repeats.

I like to think we are in the information age, and there has to be some "Time series" advantage to socio-economic cycles. Also, we have the history channel, and biography, Wikipedia...etc.

All that stuff should be some kind of advantage, as opposed to 1929 when people were bairly off horseback and libraries were few and far between. Let us also not forget how fat and lazy most people are. In 29 they were fresh off the farm, Fit as Fiddle, they lost a job they took to the streets. They didn't even have central air. Now we lose our jobs, we are happy to watch Days of our lives for 6 months, "heck with the revolution Law and Order is on 24/7!".

Famous last words, and this could all be hope H-O-P-E and arguing that "it's different this time." but Secular bears are normal and Not different. Nice thing about this one is we were 10 years into it before we noticed. I swear this is overblown.

The social trends might be the; "Grey Swan" or "blue swan" or "pink swan", X-Factor of all of this, that as commando traders should be watching out for.... But I'm not falling for your Socratic question(damn! too late.)