This morning we present the first of two parts of how technology seems to exhibit a 35-37 year periodicity, which has tremendous social and economic implications. The process begins with a discussion of how media “hems in” decision-making by policymakers, compares media density and rollout times between radio, television (and cable) and the Internet and proposed what’s likely ahead. Next, we consider analogs between the 1929-1932 decline and more recent events of the Housing Bubble collapse. And from here (in part 2 Saturday) we will stir it all up and see what the ongoing socioeconomic revolution looks like. But before we dig in, some lighter fare in the form of morning headlines and a check of how our Trading Model is doing (just fine, but with additional details.)
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