Saturday, September 26, 2009

Is our species on the verge of a suicide attempt?

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In my thesis, Manic-Depressive Man, I postulate that, in contrast to the "rational" man idealized in economic theory, our species is literally insane, stricken with a global bipolar disorder and extraordinary popular delusions. Furthermore, I point out that there are distinct seasonal patterns to man's manic-depressive mood swings with a propensity for panics, major depression and potentially suicidal East-West confrontations to occur during the Fall season. Accordingly, there are increasing signs that a major mass panic with the potential for a suicide attempt by our species could occur in the days and weeks ahead.

There are three key repeating historical patterns of relevance at the current juncture to understand my diagnosis for man.

First off, the DJIA just tested the psychologically important 10,000 mark and sharply reversed course:

As overviewed in the epilogue to my thesis, mass mood often suffers sharp collapses following reversals from thousand mark psychological barriers in the DJIA, often in association with negative historical shocks like the 1973 Yom Kippur Arab-Israel war, Iraq's 1990 invasion of Kuwait and 9/11. This time around there is reason to be concerned that a historical shock will erupt in the form of a war between Israel and Iran that will expand into an international conflict as I've recently been warning about.

A second basis of my opinion is the Elliott Wave Principle which is now signalling the beginning of a Primary third wave down in a Millenium Cycle/Grand Supercycle scale bear market:

If, indeed, Primary wave three down is beginning, then the collapse of Western Civilization may be dead ahead. This suggests any war that erupts could be catastrophic for the world.

The third reason I believe man may be on the verge of a suicide attempt is the seasonality of his irrational mood swings. We are about to enter the month of October which is often when major panics unfold. More specifically, there is tendency for waves of mass fear to climax into the 28th day of the 7th lunar month on the Jewish calendar (which equates to 11 days after the Feast of Tabernacles). This occurred with the legendary U.S. stock market crashes in 1929 and 1987 and the Hong Kong crash in 1997:

Note that last year the implied volatility index, which is a gauge of overall fear on Wall Street, also climaxed into the 28th day of the 7th lunar month:

This year the 28th day of the 7th lunar month falls on October 14th, so we are nearing that time of year.

As part of my overall thesis of Manic-Depressive Man, I posit that there is a Global Bipolar Disorder according to which swings between mass mania and depression are associated with transfers of global dominance between the Western and Eastern hemispheres of the world and, accordingly, libertarianism gives way to totalitarianism. At the current juncture this would manifest as the transfer of relative power from America to Russia.

As noted in my thesis epilogue, seasonality may play an role in the shift of global dominance from West to East as suggested by how the most severe East-West superpower confrontations climaxed into the 28th day of the 7th lunar month during the 1962 Cuban Missile Crisis and 1973 Yom Kippur Arab-Israeli War. In 1962 this was reflected by how the DEFCON nuclear alert status reached level 2 by this point on the lunar calendar and in 1973 we reached DEFCON 3 into the same timeframe.

Will DEFCON 1 be reached this time around meaning global nuclear war?

The supernatural vision I experienced in 1991 suggests this is a possibility.

If so, then man is on the verge of a suicide attempt.

The bottom line is that man as a species is literally insane and out-of-touch with reality and constitutes a danger to himself and the world he inhabits.

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