The stock market peaked in late August 1987 and the largest one day crash occurred on October 19th. Is history about to repeat itself?
Mark Hulbert on the similarities between 1987 and the current financial environment
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Please help me reach the goal of 100,000 subscribers by January 1, 2026. Please forward this post to family, friends, colleagues, and neighbors.
The goal is to help spread the ideas of peace, economic freedom, and civil liberties.
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Two new essays have been published about MAFI and its historical significance.
Stars of Entrepreneurship:
https://starsofentrepreneurship.com/from-professor-to-public-advocate-how-murray-sabrin-is-fighting-for-financial-freedom/
Moguls of Business:
https://mogulsofbusiness.com/murray-sabrins-financial-rebellion-the-movement-to-end-taxes-and-empower-charity/
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The MAFI Collection is coming this month.
Get ready to order the baseball cap to enlist in the financial independence movement.
My essay on financial independence and a constitutional federal budget.
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Please forward this post to your network, list, etc. The more people learn about MAFI, the sooner we can achieve financial independence and restore the republic.
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Murray Sabrin, PhD, is emeritus professor of finance, Ramapo College of New Jersey. Dr. Sabrin is considered a “public intellectual” for writing about the economy in scholarly and popular publications. His book, The Finance of Health Care: Wellness and Innovative Approaches to Employee Medical Insurance (Business Expert Press, Oct. 24, 2022), and his other BEP publication, Navigating the Boom/Bust Cycle: An Entrepreneur’s Survival Guide (October 2021), provides decision makers with tools needed to help manage their businesses during the business cycle. Sabrin's autobiography, From Immigrant to Public Intellectual: An American Story, was published in November, 2022. He is also the author of Why the Federal Reserve Sucks.
10/19/1987 can't be replicated because the circuit breakers limit us to a 20% decline. But yes, the 2009 lows need to be retested, I can't wait.