
Meme via the Portfolio Armor art department and Imgflip.
(more…)Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.
The Fourth Turning is part of the required reading here on Slope, and it is featured on my Recommended Books page.
I have read and highlighted the book many times, and I’ve written about it on Slope on a few occasions. I have to trot it out once more, however, since I was surprised at yet another prophecy. As a recap, here is how the important Chapter 10 begins, and keep in mind, this book was published in 1997. Before Covid. Before Trump. Before 9-11. Hell, back then, Zuckerberg was a pimply 13 year old kit. So a lot has happened since then:

Holy LORD. Give me a time machine and let me short crypto when I was predicting its doom! Good GOD! One chart shows it beautifully; only a week ago, a gorgeous break with “bullish” written all over it, but once the breakout failed, a complete calamity. This is being experienced all across crypto-land. Just………..WOW.

The last few days have been very important, because we’re finally getting a meaningful number of trendline failures. These are no trivial trendlines, either: they are all the big ones from the March 23 2020 bottom. Read ’em and leap:
