This event occurred on the 21 January 1980 marking the end of a nine-year bull market. Nixon screwed with the Bretton Woods agreement, built amid the carnage of World War II to help Europe recover its trust in credit and currencies. Towards the end of 1979, inflation in most countries were running into double digits and Iranian fundamentalists stormed the US embassy in Tehran, at the same time Russian troops massed on the border of southern Yemen `WHERE TO NOW' I am ambivalent as to where to go, we have no historic data to analyse. The resultant events of the 1929 stock market crash leave one stymied; structuring them into today's market is not relevant. Johann Rupert anticipated the sub-prime global meltdown well before it transpired. In August 2009 Rupert said, "I don't know where we are going, but what I can safely say is that the past 20 years are gone."
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