The Great Super Cycle

Does history repeat itself? According to David Skarica’s book, THE GREAT SUPER CYCLE: Profit from the Coming Inflation Tidal Wave and Dollar Devaluation (WILEY; Hardcover; November 2010; $27.95; ISBN: 978-0-470-62418-0), when it comes to the economy, it certainly does and American investors will once again face a tremendous shift in the market.

Though the outcomes may differ, economic cycles of booms and busts have repeated themselves throughout history. Examples of these cycles can be found in events such as The Great Depression of the 1930s, the economic boom in the 1950s and 1960s as a result of World War II, the rise and fall of the dot-com and real estate investments and the “Great Recession.”

According to Skarica, the current economic cycle is enveloped in a debt bubble created by the U.S. government’s recent financial decisions. The book discusses how these decisions, instead of aiding the economy, inflated the bubble and created an intertwining between Wall Street and all levels of the government, limiting economic freedom. It discusses the debt problems of the United State and why they will lead to a continued devaluation and an end of the dollar as the reserve currency of the world.

Like all powers of the world, the U.S. has gone through cycles of building its power, overextending itself and then going into a slow decline and the dollar is just reflective of this long-term downward spiral.

THE GREAT SUPER CYCLE touches on issues regarding the cause of past cycles, such as the shift from the gold standard and the government’s practice of “printing its way out” of financial difficulty to recent issues including the multiple conflicts America is invested in and the government’s  bailout plan for financial institutions.

In order to prepare those looking for advice on making investments in this current economic phase, THE GREAT SUPER CYCLE studies the historical pattern of economic cycles and calculates where the next cycle is heading. Using these techniques, THE GREAT SUPER CYCLE gives readers advice on gauging what is coming next and how investors can position themselves to profit from these economic transformations.

GREAT SUPER CYCLES reveals how the U.S. can only begin a period of substantial economic growth when the current system is destroyed with a burst of the debt bubble and explains how investors can maintain healthy investments during the fall of the current, and the rise of the next, economic cycle.

To prepares investors for the coming debt bubble burst. The book offers readers advice on:

• Seeking investments that will out perform
• Investment strategies for shielding inflation and long-term investment strategies
• Profiting by investing in gold, oil, and Asian markets