Good shapes to watch out for:
36, 24, 36 - no just kidding. Triangles are what I am talking about.
A few gif files attached to try and illustrate what I mean, see prm.gif,
Plenty of others, like BBB, RSG, LIMO
And to something entirely different; for those interested in conspiracy
theories, here is a link. http://www.progress.org/revwob.htm
You all know my ideological attachment to resource rentals. I think I
have said once or twice in my business cycles classes, the landed
aristocracy behind the politicians is not interested in having you learn
how the economy really works, like as I teach in that cycles class.
Further evidence with the link here.
Several bookstores in England, including W.H.Smith booksellers, are
refusing to stock the book, on the grounds that the book does not meet
their criteria for media exposure. W.H.Smith booksellers looks like it
is about to go to the Office of Fair Trading to defend this claim
against the book's author.
As I found out a few years ago, if ever you want to know who's in
charge, start something.
But I don't send you this just to highlight some possible conspiracy; it
is the process of land rental collection that I wish to highlight, and
the effort made by a very few to disguise the fact. The land rent is a
naturally occurring value, arising when labour and/or capital is applied
to land. When all 'free' land is at last entirely fenced, and if this
value is allowed to be privately collected, this value WILL capitalize
into a tradable commodity. The property cycle is born. (And so too,
indirectly, the decade cycle.) Under such conditions, the property
cycle, more correctly the land cycle, WILL run approximately 18 years.
If you do not follow this, read Fred Harrison's The Power in the Land.
In Australia, and as for most of the western world, the last land cycle
trough was between 1991/1994. Only world war has been shown to
interfere, though not stop, this land cycle. (And why 18 years ?
Answer on the web site soon.)
Around 2008, watch for relevant signs as we have discussed in classes.)
BRZ - PDF
DRE - PDF
PRM - PDF