Comment: I would have to disagree

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I would have to disagree

I don't think that we can make market predictions right now based on some temporal cycle. I believe that the flow of capital is so severely hindered by economic policy that there is no way to get spending on a correct enough coarse to pull us away from stagnation.

Just as was seen in the early eighties, Paul Volcker was able to bring rates up high enough to stop the inflation and get the system cleansed to a point. The difference being that today we could not bring interest rates up high enough to do what needs to be done without bringing about a federal default. That is why we are looking at a deep cleanse before we can even start to talk about real, healthy economic growth.