[This book is written in Japanese.] This book is one of the Tachibana Publishing Future Book Series (Japanese Edition), a series of books with the world’s leading futurists and social analysts. This series looks at future perspectives in avariety of fields- economics, ecology, management, leadership, stock markets, culture, and social issues. Ravi Batra published Stock Market Crashes in 1997, after the Asian crisis hit the newsstands. He predicted the US stock market drop in August 1998, as well as the market recovery when the Fed raised it’s rates — both happened. He is predicting another crash in 1999, resulting in the collapse of the "American Business Empire." Batra always offers interesting insights in hisbooks. As in his earlier books, The Downfall of Capitalism and Communism (1978), he credits many of his ideas for economic reform as well as social historical analysis to his late Indian teacher P.R. Sarkar

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