Speech Preamble Welcome and Recap Now celebrating with food and drink Tired but satisfied, and some are a little tipsy. Three full days of informative presentations Took care of business Spent time among friends More than friends. Heroes We don't see our heroism Other heroes airbrushed in books We see our warts and all What we are here to do is none the less heroic People who "get it" and care Why I am your banquet speaker Discussions at ex-com Good presentations that were poor banquet speeches. In my humble opinion Slows the presentation Intelligent audience can tell fact from opinion Never had a humble opinion Introduction Meaning of "Great Realignment" Most people think I'm talking about a coming event. Yes, but that is not all of it Primarily about a process Analogy from life birth and death are events The process consists of maturing and declining Empires and economic systems also are born, mature, deline and die. Henry George's Economic cycle Last book of P&P Brilliant Henry George's cycle phases Freedom and Justice Prosperity Wealth Power Injustice Tyranny Decline Collapse Poverty Ravi Batra's Economic Cycle Written in "Great Depression of 1990" There was a recession It wasn't "the big one." The big one is just beginning Batra's cycle phases: producers, acquisitors, warriors Producers (when there is little wealth) Littlle to acquire Nothing to fight over