Is an irregular cycle a cycle at all?

And 'mid this tumult Kubla heard from far
Ancestral voices prophesying war!

There is a kind of thrill in contemplating destruction - it's a whorl in the grain of human nature. Jeffrey Nyquist indulges this tendency in a piece about Robert Prechter Jnr's views on mass psychology and the markets, and our facing possibly the biggest economic depression since the founding of the American Republic.

You know how everything seems so bright when you get out of the cinema?