Guest guest Posted October 10, 1998 Report Share Posted October 10, 1998 Dear friends, In this post I am going to share with you all an unusual thought of mine. I am not sure how many of you will agree with me but it's nevertheless worth bringing to your attention that there might well be strange connections between Vedic sound/vibrations and the modern science of making macro-economic predictions !! Let me explain. A couple of days ago I was Web-browsing through the Reuters Page and came across a small report filed from Johannesberg. A certain Mr.Fred Crooks, an architectural engineer by training and profession, has been making waves in South Africa in the past one year by his uncannily accurate predictions about the state of several economies of the world. Early 1997, using a set of predictive tools known only to him, Mr.Crooks had predicted that by October 27 and 28 that year the world's major stock markets --- New York, Japan and HongKong amongst others --- would be severly jolted by a series of crises with far-reaching consequences for the economies of many nations. The academic and business community took him for nothing but a crank. They had laughed at him and pooh-poohed his predictions as mumbo-jumbo. Strangely however, came Oct 1997, and the world went into financial convulsions as a result of wild stock-market gyrations, as we all know, experienced in Hongkong (and to lesser degrees in Singapore and New York). Thereafter, exactly as Mr.Crooks had predicted the economies of Malaysia, Thailand and Indonesia went into tail-spin. There was widespread panic and turmoil in the financial markets in those countries. Last week Mr.Fred Crooks has again gone on record saying this October too he expects another major stock market downturn of even more crushing dimensions than the one seen last year. He now says that the world is in for "immense depression" and "severe bear trends". Various "factors" which he says he has reckoned in his highly "unorthodox and eccentric" approach to macro-economic prediction and modeling now indicate that a good many nations are sliding into "an unstoppable world depression". "Nothing will be able to stop it," Mr.Crooks says,"Not Greenspan. Not Clinton. The pattern that has emerged over the last year is similar to the one we saw in 1929 --- the year of the Great Depression." This time around no one is laughing at Mr.Crooks! His bag of grim predictions are chillingly close to the ones that the IMF itself has made recently: the world economy is indeed on the brink of a glacial recession..... After reading all this curious stuff I delved further into the Reuter report hoping to learn a little more about the "unorthodox" approach of Mr.Crooks to macro-economic prognosis. Frankly, I had expected to read a report on his predictive tools which would at best constitute an original and hitherto unconceived combination of statistical analyses and econometric extrapolations ---- something that the fraternity of economic pundits worldwide had not perhaps thought off before ! My expectations were completely belied! I learn now that Mr Fred Crooks bases his predictions on a highly esoteric set of parameters known and perfected only by him and which are in fact only remotely related to the discipline of economics. Do you know what those esoteric "predictive parameters" are ? Well from what I can gather from the report it seems to me they are extremely "Vedic" in nature !! I'll explain how in the next post. adiyEn, sudarshan Quote Link to comment Share on other sites More sharing options...
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