{Economic Cycles [continued]}[25th October 1989]

[Redbook6:329][19891025:0931c]{Economic Cycles [continued]}[25th October 1989]

19891025.0931

[continued]

The problem is that ‘crisis’* in economic theory and in C[ircles] A[nalysis] and S[ynthesis] means two different things. I should expect an economic ‘crisis’ (so-called) to occur somewhere around J~ - R~: ie Fragmentation – Revolution – Simplification[:]

[Text extracted from ms image reproduced above:]

		C	P
		|	R
	R~		O	S~
	Liquidation		S
G~		+	P		M~
Economic ‘Crisis’	(= Loss of confidence)		E R
	J~		I	U~
		|	T
		←	Y
		A~

*{But see later [possibly next entry but 2, [Redbook6:330-331][19891025:0931f]{Economic Cycles [continued (6)]}[25th October 1989],] on the nature of ‘crisis’ &c}

[continues]

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