The End of the Bear and the Start of War

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After today's drama, most folks are probably prepared to ride the new bull market back to Dow 20,000. My view is that days like today are just blips, and that when the bear market really does end, it will do so – - paradoxically – - in some cataclysmic way.

One Sloper took the time to put together an interesting table showing how various crashes led to subsequent wars. No one wishes for war (and I certainly don't; we've got two on our hands already, and those aren't exactly going very well), but if history is a guide, financial troubles usually lead to political ones as well.

Market Crashes

 

War

Name

Year

 

Name

Year

Tulip Bubble^

1637

—>

First Dutch War^

1652

Bengal Bubble*

1769

—>

American Revolution*

1175

Panic of

1796

—>

Franco-American

1798

Panic of

1857

—>

US Civil

1861

Long Depression*

1873

—>

Boer Wars, Anglo-Zulu War*

1879

Panic of

1893/1896

—>

Spanish American

1898

Panic of

1907

—>

="MsoNormal" style="margin-top: 0px; margin-right: 0px; margin-bottom: 0px; margin-left: 0px; ">WWI

1914

Great Depression

1929/1937

—>

WWII

1939

Recession of

1973

—>

Engaged in Vietnam

1965-1973

Black Monday

1987

—>

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No war

Dot-Com

2000

—>

War on Terror

2001

Great Recession

2008

—>

?

 

 

 

 

 

 

^ – Occurred in the Netherlands/involved the Netherlands

 

* – Occurred in England/involved England

 

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