Stock Market Crashes of 1998 and1999 demonstrates that many recent events have folowed the patterns that Dr. Ravi Batra first forsaw in the mid-1970s. In his latest work,The Great American Deception,Batra predicted a global stock market crash at the end of 1997. In October that year, share prices indeed crashed in Asia, Latin America and Eastern Europe, while the Dow Jones Index plunged 554 points on October 27th. The dow suffered the largest single-day point drop in history.
Batra forsees a constant stream of market crashed around the world in 1998, and the beginning of the fall of the American business empire in 1999. The safest investment under these circumstances will be either government bonds or bank CDs.
Batra also examines some market-based reforms. His pessimism is equally balanced by his optomism: The rule of money will be followed by a golden age in which wages will rise, crime will recede, and old-fashioned virtues will make a triumphant return.
|Publisher:||Liberty Press TX|
|Product dimensions:||5.50(w) x 8.50(h) x (d)|