----- Original Message ----- From: Gunder Frank <[EMAIL PROTECTED]> To: <[EMAIL PROTECTED]> Sent: Monday, September 20, 1999 3:54 PM Subject: EH.R: Kondratieff Cycles > ----------------- EH.RES POSTING ----------------- > On Thu, 16 Sep 1999, D. McCloskey wrote: > > > The trouble with the idea of a cycle that long is that we will have had so > > few of them. I know I bought a hardback copy of Ravi Batra's The Coming > > World Depression of 1990, based on such ideas, for $3.25 in 1993. It > > seemed worth having for class purposes, if you see what I mean. > > No I do NOT know what you mean in re buying Ravi Batra. Although he > based his analysis on US data etc., 1989-92 WAS the worst recession > in the US since probably 1937 or maybe 31-33, so so far he was right as > far as he went [and in re the growing inequality in the distribution of > income he was also right]. > > And whats MORE, > the 1990s have also been the WORST WORLD DEPRESSION decade EVER, or if > economic historians can find a worse one, 1873 ff, 1857 ff, 1720 ff, > 1640 ff?, i would like to know about it; 1640 would be my bet if any. > > But be that as it may, > if this is not a super disasterous decade of WORLD DEPRESSION, > I would like to be told what it has been, eg by Russians, East Europeans, > East Asians, Central Asians, West Asians, South Americans, > North/West/East/South Africans, and and... > > [and dont try to tell me that these are 'separate/unconnected' 'regional' > events when they are part and parcel of a global political economic > structure/process which was generated by US political economic/financial > policy in the 1980s and again in the 1990s - and in which the > economic entropy costs here are shoved off on those there who are least > able to bear them. > > > > > ------------ FOOTER TO EH.RES POSTING ------------ > For information, send the message "info EH.RES" to [EMAIL PROTECTED] > >
