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Great Depression Online Archive Issue:

Under the Juggernaut of Self Will

Great Depression Online
Long Beach, CA
January 09, 2009

Inside This Issue You Will Discover…

*** The Bull Market of 2009
*** Some Unconventional Wisdom
*** Under the Juggernaut of Self Will
*** And More

The Bull Market of 2009

The bull market of 2009 was marvelous while it lasted.  For the first four trading days of the year the DOW was up every day…for a total increase of 2.56%. 

It seemed so pleasant, satisfying, and delightful.  The year 2009 was looking up.  It was the start of a new bull market.

But then came day five and the DOW crumbled 227 points.

And then came day six and there was no bounce…the DOW lost another 27.48 points.

Once again the world was painfully reminded that we’re in a bear market; not a bull market.

~~~Warning: The Current Economic Crisis Will Worsen~~~

Warning: The current economic crisis will worsen and more and more people will become homeless, jobless and broke.  There is however a way you can protect yourself, your home and your assets starting today.  It’s all outlined in “The Insider’s Guide to Surviving the Recession.”  Learn all about it here: The Insider's Guide to Surviving the Recession.

~~~~~~~~~~~~~~~~~~~~~~~~~

We’re a bit worn out today so we’ll be brief…

This economy stinks.  It’s in the dumps.  There’s no sign of recovery.  Moreover, things will get worse before they get better.

How’s that for insights?

Some Unconventional Wisdom

“The mind is a terrible thing to have,” remarked a friend Wednesday night.

We got a good chuckle over this.  For this is the type of unconventional wisdom we can appreciate…particularly in times like these.

Self preservation is a fundamental human instinct.  But under the juggernaut of self will the mind can overcome this…to the demise of its possessor.

Earlier in the conversation another friend had enlightened us as to what the word “juggernaut” derives its meaning from.

“In British colonial India, the Jagannath Temple, a famous Indian temple, would have an annual procession of chariots carrying statues of Jagannath,” our friend explained.  “And religious fanatics would often throw themselves under the wheels of these chariots as a means of salvation.” 

“The word juggernaut,” he continued, “derives its meaning from the crushing force of the Jagannath chariots upon those who got in their way.”

As to the reliability of this hearsay, we haven’t been able confirm.  But in light of poor Adolf Merckle’s suicide, it seems fitting.

Under the Juggernaut of Self Will

Pity Adolf.  The crash of 2008 had dragged down his fortune.  And, alas, he put his mind to it.  He thought about…dwelled upon it…contemplated it. 

And before long, he couldn’t bear the thought of living in this world with only a billion or two dollars left to his name.

Earlier this week his mind deceived his instincts…Adolf threw himself under the juggernaut of a Blaubeuren train. 

The mind is a terrible thing to have indeed.

On that grim note, we’ll end.

Sincerely,

M.N. Gordon
Great Depression Online

P.S.  You may have read this book or even heard the intriguing story about a young ballroom dancer name Nicolas Darvas who traded $25,000 into 2 million dollars within just 18 months by using the stock market.  His story was so amazing, on May 1959, the Time Magazine devoted almost a full page in its business section to the extraordinary stock market story. But here’s the kicker, Darvas remarked it wasn’t so much how much money he made that surprised him but rather the ease with which he made it.  Discover the amazing secrets of Nicolas Darvas here: The Amazing Secrets of Nicolas Darvas.

 

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