This book is a crucial discovery of how Fibonacci numbers shape the duration of historical progress and regress. It may be of massive importance for the advancement of Fibonacci mathematics, Socionomics, and the Elliott Wave Principle. Based on Robert Prechter's graph of millennium waves of social mood and recent Dow Jones data, this book illustrates that historical waves of social mood very closely last Fibonacci numbers of years; almost every single turning point of social mood is related to another by the Fibonacci duration of years.
This book also carries massive practical importance. The combined Fibonacci and Elliott Wave picture pinpoints the year 2024 as a social mood extreme of at least a Grand Supercycle degree. The year 2024 will mark the end of the multi-century development of society and culture, and a temporary but significant setback will soon begin. Mathematical durations forecast that financial indexes in the United States, measured by the Dow Jones Industrial Average Index, will soon peak and experience a long-lasting period of correction. The negative mood in the United States and the Western world, lasting many decades-more likely a century or even longer-will lead to deep economic depression or several depressions, negative sociocultural development, social tension, political and social conflicts, wars, and other negative mood manifestations.
The beauty of this book is that everything in it is entirely new and never mentioned before. It will provoke much new research and promote Prechter's original way of studying social history-the science of Socionomics.