Causes of recessions after 1973

 

Again, this is that same chart showing unemployment and recessions

1973-74: The DOW was high early 1973 as the pro-choice, anti-draft Libertarian Party got an electoral vote. Women became rightful individuals a couple of weeks later and the U.S. was driven out of Vietnam as unemployment dropped to 1960 levels. Nixon's Watergate burglars soon dominated the news until mid-October, when a Brussels bank was investigated for odd exchange transactions with German banks.(link) The New York Dow Jones average dropped from 1000 to about 600. Germany down from 800 to 550. France dropped from 100 to below 50. London dropped from 500 to 175. Italy showed wild zigzags, net loss. Holland dropped from 170 to below 100. Australia dropped from 650 to 75. Canada fell from 220 to below 150. Japan down from 410 to 275. Hong Kong 1000, spiked to 1800, then dropped to about 220... Why? 

On 22JAN1973, the same day the Supreme Court voted by a margin of 7-2 that a woman had a constitutional right to an abortion, the twenty-fifth session of the Commission on Narcotic Drugs was held at Geneva from 22 January to 9 February 1973.(link) Recall that the 1969-1970 recession above--with steep unemployment--matched Nixon's Operation Intercept which segued into the Convention on Psychotropic Substances signed at Vienna, Austria, on February 21, 1971. On the chart above, surprise, surprise, in mid-October 1973 we have the start of another recession. During the gap campaign funding irregularities and burglars hired to break into Democratic headquarters occupied the Nixon Administration, which issued heated denials of wrongdoing in August. Nixon was cornered, quit, was pardoned by Ford for all high crimes, felonies and treason on 08SEP1974... but the deadly prohibitionism he left, like a stray dog, on America's doorstep, persisted with the huge increases in unemployment, inflation and stagnation shown above. 
 
Unemployment increased under the weight of deadly new prohibitions enforced worldwide by men with guns. Ford and running mate Dole were tossed out by voters and unemployment fell during the Jimmy Carter Administration. 

Next up: Ronald Reagan revives Herbert Hoover and Adolf Hitler's Christian National Socialism with help from fellow mystical jihadists. 

Good Reading INTERNATIONAL NARCOTICS CONTROL by L.E.S. EISENLOHR, Arno Press, NY, 1981. This highly slanted government propaganda book opens with the Establishment of the Opium Advisory Committee and covers it's work, bizarre plans and trial balloons, monopoly control, the establishment of the  Permanent Central Opium Board and its functioning, and several chapters on how deadly coercion can control production. All of this papers over entirely the fact that the Hague Opium Convention, organized to placate Qing China, was re-tasked as a weapon in cartel warfare. Americans wanted to include beer, wine and brandy but dared not lest they become a laughingstock. So the U.S. devoted all efforts to banning South American cocaine--a drug much like coffee. Eurasians meanwhile exploited the bureaucracy--funded in large measure by the fanatical Herbert-Hoover-Harry Anslinger Axis--to back its efforts to ban cannabis, which is neither toxic nor habit-forming, precisely to make opium more expensive and profitable. The truth is not always a pretty thing. Find this book on bookfinder.com




Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, as cheap as a pint of craft beer.

What caused The Crash?

Brazilian Sci-fi from 1926 featuring the Hollywood-style beautiful daughter of a scientist touting prohibition and racial collectivism in America’s Black President 2228 by Monteiro Lobato, translated by J Henry Phillips (link)

Three dollars on Amazon Kindle

Brazilian blog… Expatriotas

American blog… Libertariantranslator, with contact form

ASYLUM APPLICATION FORM i589 INSTRUCTIONS IN PORTUGUESEINSTRUÇÕES PARA O FORMULÁRIO DE ASILO i589. What we did was make the instructions accessible to and understandable by people accustomed to thinking in Portuguese. This costs one dollar ($1) and you can read it on a cellphone with the Kindle app.(link)





Find out the juicy details behind the mother of all economic collapses. Prohibition and The Crash–Cause and Effect in 1929 is available in two languages on Amazon Kindle, as cheap as a pint of craft beer.

What caused The Crash?

Brazilian Sci-fi from 1926 featuring the Hollywood-style beautiful daughter of a scientist touting prohibition and racial collectivism in America’s Black President 2228 by Monteiro Lobato, translated by J Henry Phillips (link)

Three dollars on Amazon Kindle

Brazilian blog… Expatriotas

American blog… Libertariantranslator, with contact form

ASYLUM APPLICATION FORM i589 INSTRUCTIONS IN PORTUGUESEINSTRUÇÕES PARA O FORMULÁRIO DE ASILO i589. What we did was make the instructions accessible to and understandable by people accustomed to thinking in Portuguese. This costs one dollar ($1) and you can read it on a cellphone with the Kindle app.(link)






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