My intuition looks spot on so far, I am sad to say

Well, I have been watching the markets and I think the prediction I had last summer is getting close: Here is what I wrote to myself.

Monday June 25:

>>I am writing this as a time capsule to show (I have a
>>sense of knowing) what is going on in the world.
>>I think we're on the brink (about two weeks away)
>>from an economic breakdown --a depression as close
>>to the 1930's.  I am not an economist but I have
>>read enough on the web to judge this is happening
>>and am writing this down before it happens.

Dec 17th 2007:

So here is what we are reading today from:
http://www.telegraph.co.uk/money/main.jhtml?xml=/money/2007/12/14/ccbanks114.xml

The massive cash injection from the Bank of England, along with funds from its international counterparts, is welcome but too little to calm the fears sweeping money markets

A mere 24 hours after the western world's major central banks banded together to announce an almost unprecedented set of money market rescue operations, by early afternoon yesterday it was all too clear that the medicine was not having the desired effect.

(OK, more than two weeks than I thought, but five months is close):

My concern now is that we are going to see panic in March 2008.
Last week I was at a stop light and I noticed a car had broken down. Some people in the broken down car got out and started to push it away. But from three cars behind, some people who did not notice the breakdown started to get very angry. They made noise with their hooter, siren, horn (what ever you want to call it) saying "what the F#*k is going on"

Seeing this behavior for something trivial really make me wonder, what will we see once everyone lives in anxiety, following a collapse of banking plus a spike in the price of oil???

I am keeping this blog to keep a time stamp of my intuition. I read a lot and I want to share my thoughts....

Please send some comments!