Sunday, December 19, 2010

Manias and Astro

There is an eclipse to occur tomorrow, exactly on the solstice.

There is a book that deals with these following manias and crashes.




  • Dutch, Tulip Bulb Bubble 1636




  • British, South Sea Bubble 1720




  • French, Mississippi Bubble 1720




  • US, Late 1920s Stock Price Bubble 1927-1929




  • Mexico, surge in bank loans to Mexico and other developing countries 1970s




  • Japan, real estate and stocks bubble 1985-1989




  • Finland, Norway and Sweden bubble in real estate and stocks 1985-1989




  • Thailand, Malaysia, Indonesia and several other Asian countries 1992-1997




  • Mexico, surge in foreign investment 1990-1993




  • US, stocks 1995-2000





  • Read more at Suite101: Review -- Manias Panics and Crashes 5th Edition: History of Financial Crises by Charles Kindleberger & Robert Aliber http://www.suite101.com/content/review-manias-panics-and-crashes-5th-edition-a97354#ixzz18bNQLYWR

    Geoff Chester of the US Naval Observatory inspected a list of eclipses going back 2000 years. "Since Year 1, I can only find one previous instance of an eclipse matching the same calendar date as the solstice, and that is 1638 DEC 21
    Excerpt from other blog

    By February 1637, the tulip market had abruptly collapsed in Holland. On April 27, 1637, the Dutch government canceled all tulip futures contracts. It was decreed that futures in tulips could no longer be traded as an investment, but only as an actual product in the marketplace. Holders of option contracts walked away and the value of tulips crashed.

    Read more at Suite101: Dutch Tulipmania in 17th Century Holland: Crash of the Futures Investment Market for Tulips in the Netherlands http://www.suite101.com/content/dutch-tulipmania-in-17th-century-holland-a209292#ixzz18bMq3i3a