{"id":5086,"date":"2020-11-01T14:48:29","date_gmt":"2020-11-01T14:48:29","guid":{"rendered":"http:\/\/www.economicfractalist.com\/blog\/?p=5086"},"modified":"2020-11-01T14:58:14","modified_gmt":"2020-11-01T14:58:14","slug":"the-coming-two-trading-day-equivalent-us-1807-hegemonic-macroeconomic-asset-debt-71144-year-x2-2-5x-second-fractal-collapse-the-panic-of-1873-77-marked-the-end-of-an-american-71-year-great","status":"publish","type":"post","link":"http:\/\/www.economicfractalist.com\/blog\/2020\/11\/01\/the-coming-two-trading-day-equivalent-us-1807-hegemonic-macroeconomic-asset-debt-71144-year-x2-2-5x-second-fractal-collapse-the-panic-of-1873-77-marked-the-end-of-an-american-71-year-great\/","title":{"rendered":"THE  COMING TWO TRADING DAY  EQUIVALENT US 1807 HEGEMONIC MACROECONOMIC ASSET DEBT 71\/144 YEAR :: (X\/2-2.5X) SECOND FRACTAL COLLAPSE. THE PANIC OF 1873-77 MARKED  THE END OF AN AMERICAN 71 YEAR GREAT FIRST FRACTAL BASE (X)."},"content":{"rendered":"<p><strong>THE<span class=\"Apple-converted-space\">\u00a0 <\/span>COMING TWO TRADING DAY<span class=\"Apple-converted-space\">\u00a0 <\/span>EQUIVALENT US 1807 HEGEMONIC MACROECONOMIC ASSET DEBT 71\/144 YEAR :: (X\/2-2.5X) SECOND FRACTAL COLLAPSE. THE PANIC OF 1873-77 MARKED<span class=\"Apple-converted-space\">\u00a0 <\/span>THE END OF AN AMERICAN 71 YEAR GREAT FIRST FRACTAL BASE (X).<\/strong><\/p>\n<p>The Asset Debt Global Macroeconomy growth and decay of it\u2019s debt dependent assets and those asset valuations are deterministic and self assemble into highly regular fractal units and patterns \u2013 just as galaxies, stars, and planets fractally self-assemble from the gravitational forces on massive clouds of precursor hydrogen gas.<\/p>\n<p>Fractals are interpolated units and confluent occurences \u2013 one cycle merges with the next.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Rather the previously described (18)36\/90\/89 year :: x\/2.5x\/2.5x three phase fractal series model; an alternate grouping is observable. That alternative interpolated grouping is a 1790 18 year initiating fractal<span class=\"Apple-converted-space\">\u00a0 <\/span>followed by two 36 year sequential sub-fractals composing a 71 year Great First Fractal base. The US Second Great Fractal consists of two sub-fractals of 56<span class=\"Apple-converted-space\">\u00a0 <\/span>and 89 years respectively<span class=\"Apple-converted-space\">\u00a0 <\/span>for a current Great Second Fractal<span class=\"Apple-converted-space\">\u00a0 <\/span>total length of 144 years.<span class=\"Apple-converted-space\">\u00a0 <\/span>More simply<span class=\"Apple-converted-space\">\u00a0 <\/span>from 1807,<span class=\"Apple-converted-space\">\u00a0 <\/span>a First and Second Great Fractal<span class=\"Apple-converted-space\">\u00a0 <\/span>series of 71 and 144 years<span class=\"Apple-converted-space\">\u00a0 <\/span>:: (x\/2-2.5x) are observable<span class=\"Apple-converted-space\">\u00a0 <\/span>with the first 71 year Grand Fractal defining itself with the equity market valuation low bottoming<span class=\"Apple-converted-space\">\u00a0 <\/span>in 1877.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>Again from the observed economic nadir activity in 1877, this 71 year (x) First Great Fractal and the current (2-2.5x) Second Great \u00a0Fractal form an 1807 two phase fractal series: x\/2-2.5x, with an expected great nonlinear collapse defining the Second Great Fractal as per the main page of this website. This<span class=\"Apple-converted-space\">\u00a0 <\/span>makes empirical sense and is at least as probable as the 1807 three phase series:<span class=\"Apple-converted-space\">\u00a0 <\/span>36\/90\/89 year ::x\/2.5x\/2.5x fractal model previously identified.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The United States\u2019 Asset-Debt Macroeconomic cyclical history since 1790: A Brief Summary.<\/p>\n<p>After a 1790 US<span class=\"Apple-converted-space\">\u00a0 <\/span>initiating fractal of 18 years ending in the panic of 1807,<span class=\"Apple-converted-space\">\u00a0 <\/span>two sequential 36 year US sub-fractal<span class=\"Apple-converted-space\">\u00a0 <\/span>cycles<span class=\"Apple-converted-space\">\u00a0 <\/span>self-assembled. The first 36 year cycle was caused by over investment<span class=\"Apple-converted-space\">\u00a0 <\/span>and speculation in land acquired by Jefferson\u2019s 1803 Louisiana purchase. Individual state and \u00a0bank local money creation and over-investment<span class=\"Apple-converted-space\">\u00a0 <\/span>peaked<span class=\"Apple-converted-space\">\u00a0 <\/span>and collapsed in the panic of 1837 with an economic\/commodity<span class=\"Apple-converted-space\">\u00a0 <\/span>nadir in 1842. <span class=\"Apple-converted-space\">\u00a0 <\/span>The second 36 year cycle<span class=\"Apple-converted-space\">\u00a0 <\/span>was caused by US railroad over-investment and speculation with global financial involvement<span class=\"Apple-converted-space\">\u00a0 <\/span>which peaked with gross overbuilding<span class=\"Apple-converted-space\">\u00a0 <\/span>and collapsed in the panic of 1873 with a nadir in stock valuations in 1877.<\/p>\n<p>The panic of 1873 was a world wide event resulting in US depression level unemployment rates of 14% in the US and nearly 25% in New York City. Before the great depression of the 1930\u2019s,<span class=\"Apple-converted-space\">\u00a0 <\/span>the decade after the panic of 1873 was known as America\u2019s first great depression.<\/p>\n<p>America\u2019s<span class=\"Apple-converted-space\">\u00a0 <\/span>Second Great Fractal started at the nadir in 1877. The US Second Great Fractal is composed of two sub-fractals: a 56 year first sub-fractal with a nadir market valuation in 1932, and a 89 year current second sub-fractal.<\/p>\n<p>The first 56 year subfractal asset debt macroeconomic peak valuation occurred in 1929 and nadired in 1932. The mass production of cars, radios, home appliances, easy credit expansion, and ten percent marginal position fueled the valuation peak.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The second sub-fractal series starting in 1932 is composed of two further sub-fractals: a<span class=\"Apple-converted-space\">\u00a0 <\/span>51 year 10-11\/21-22\/21-22 (x\/2x\/2x) year sub-fractal ending in 1982 and the current 1982-2020 9\/20\/12<span class=\"Apple-converted-space\">\u00a0 <\/span>(x\/2-2.5x\/1.5X\u2019) 39 year sub-fractal. <span class=\"Apple-converted-space\">\u00a0 <\/span>[X\u2019 = 1.5 times {the length<span class=\"Apple-converted-space\">\u00a0 <\/span>of observed 2-2.5x second fractal cycle(20 years) divided by 2.5}]<\/p>\n<p>The first 1932 to 1982 51 year sub-fractal was fueled by<span class=\"Apple-converted-space\">\u00a0 <\/span>\u2018over-investment\u2019 in World War II, post war Marshall plan spending, continued<span class=\"Apple-converted-space\">\u00a0 <\/span>US military industrial complex cold war spending, and new technologies, principally, the transistor.<\/p>\n<p>The second 1982-2020<span class=\"Apple-converted-space\">\u00a0 <\/span>second sub-fractal<span class=\"Apple-converted-space\">\u00a0 <\/span>was fueled by 38 years of continuously and substantially falling US and global sovereign debt interest rates; derivative debt instrument creation; 1980\u2019s and 1990\u2019s new microchip, cable technologies and internet companies bubble; a historical foundational consumer 2008 property bubble with gross fraudulent property assessments and new financial debt instrument bundling, the emergence of China as the world\u2019s dominant manufacturer with acceptance of other country\u2019s sovereign debt for Chinese<span class=\"Apple-converted-space\">\u00a0 <\/span>products; transoceanic shipping;<span class=\"Apple-converted-space\">\u00a0 <\/span>the emergence of the Euro with<span class=\"Apple-converted-space\">\u00a0 <\/span>underwriting both good and very bad Euro projects; and the necessary global<span class=\"Apple-converted-space\">\u00a0 <\/span>deficit spending, money creation, quantitative easing, and zero rate interest policies associated with the 2008-2009 housing collapse; with the 2019-2020 corporate debt collapse, and with the current COVID\u2019s global<span class=\"Apple-converted-space\">\u00a0 <\/span>stimulus<span class=\"Apple-converted-space\">\u00a0 <\/span>plans.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>The<span class=\"Apple-converted-space\">\u00a0 <\/span>January thru March 2020 global equity valuation collapse occurred in an easily recognizable quantitative fractal decay manner: 6\/15\/14 days<span class=\"Apple-converted-space\">\u00a0 <\/span>:: y\/2.5y\/2.5y.<\/p>\n<p>3 trillion dollars in US COVID stimulus deficit spending and near zero rates<span class=\"Apple-converted-space\">\u00a0 <\/span>with some sovereigns offering negative rates<span class=\"Apple-converted-space\">\u00a0 <\/span>have caused another x\/2.5x\/2.5x fractal equity valuation bubble growth rise from the March 2020 lows.<\/p>\n<p>Tesla at a recent PE ratio of over 1100 provides a scope of the<span class=\"Apple-converted-space\">\u00a0 <\/span>magnitude of the current bubble valuations.<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p><b>From the March 2020 low the \u00a0current fractal growth progression as of 1 Nov 2020 is:\u00a0 27\/68\/66 of 68<span class=\"Apple-converted-space\">\u00a0 <\/span>days\u00a0<\/b>\u00a0 where x\/2.5x\/2.5x peak growth will rapidly translate into x\/2.5x\/2.5y nonlinear valuation\u00a0 collapse.<\/p>\n<p><b>27 day first fractal<\/b>:<span class=\"Apple-converted-space\">\u00a0 <\/span>x\/2.5x\/2.5x\/1.6x fractal pattern ::<\/p>\n<p>4\/10\/10\/6 days <span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p><b>68 day second fractal<\/b>: x\/2x\/1.5x fractal pattern:<\/p>\n<p>15\/32\/23 days<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p>15(3\/7\/7) \/\/\/<span class=\"Apple-converted-space\">\u00a0 <\/span>32(7\/16\/11) \/\/\/ 23(4\/8\/8\/6) days <span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p><b>68 day third\u00a0fractal:<\/b><span class=\"Apple-converted-space\">\u00a0 <\/span>x\/2.5x\/2.5xy fractal pattern<\/p>\n<p>12\/29\/27 of 29 days<span class=\"Apple-converted-space\">\u00a0<\/span><\/p>\n<p><span class=\"Apple-converted-space\">\u00a0<\/span>12(2\/5\/5\/3) \/\/\/ 29(5\/13\/13)\/\/ 29\/ (7\/14\/10 days)<\/p>\n<p>The last 10 day fractal is a 2\/5\/3 of 5 day decay fractal equivalent to<\/p>\n<p>a 13\/32\/32 hours decay fractal.<\/p>\n<p>Historical deterministic 144 year US (and Global) Second Fractal Nonlinear Valuation<span class=\"Apple-converted-space\">\u00a0 <\/span>Collapse appears to be<span class=\"Apple-converted-space\">\u00a0 <\/span>at hand.<\/p>\n<p>A 90 percent valuation<span class=\"Apple-converted-space\">\u00a0 <\/span>drop over the equivalent of the next two trading days would be \u00a0consistent with the nonlinear conclusion of a 144 year Great Second Fractal starting in 1877.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>THE\u00a0 COMING TWO TRADING DAY\u00a0 EQUIVALENT US 1807 HEGEMONIC MACROECONOMIC ASSET DEBT 71\/144 YEAR :: (X\/2-2.5X) SECOND FRACTAL COLLAPSE. THE PANIC OF 1873-77 MARKED\u00a0 THE END OF AN AMERICAN 71 YEAR GREAT FIRST FRACTAL BASE (X). The Asset Debt Global Macroeconomy growth and decay of it\u2019s debt dependent assets and those asset valuations are deterministic &hellip; <a href=\"http:\/\/www.economicfractalist.com\/blog\/2020\/11\/01\/the-coming-two-trading-day-equivalent-us-1807-hegemonic-macroeconomic-asset-debt-71144-year-x2-2-5x-second-fractal-collapse-the-panic-of-1873-77-marked-the-end-of-an-american-71-year-great\/\" class=\"more-link\">Continue reading <span class=\"screen-reader-text\">THE  COMING TWO TRADING DAY  EQUIVALENT US 1807 HEGEMONIC MACROECONOMIC ASSET DEBT 71\/144 YEAR :: (X\/2-2.5X) SECOND FRACTAL COLLAPSE. THE PANIC OF 1873-77 MARKED  THE END OF AN AMERICAN 71 YEAR GREAT FIRST FRACTAL BASE (X).<\/span> <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-5086","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts\/5086","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/comments?post=5086"}],"version-history":[{"count":2,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts\/5086\/revisions"}],"predecessor-version":[{"id":5088,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/posts\/5086\/revisions\/5088"}],"wp:attachment":[{"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/media?parent=5086"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/categories?post=5086"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.economicfractalist.com\/blog\/wp-json\/wp\/v2\/tags?post=5086"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}