More than 20 years ago, I wrote papers predicting a depressionary period for the lead technological country starting from about 2009 or 80 years after 1929. I wrote that this currrent depressionary period would be very similar to the 1929 depression including extraordinary debt levels not seen since the Great Depression; a labor productivity growth spurt starting in the year 1999 or 2000; labor producitivity growth secularly increasing during the decade of the 2010s and 2020s reaching perhaps 4 percent or more per year; and rising unemployment due to automation, oligopoly in each industry of the QM industrial revolution, and satiation of consumer demand for the products. The prediction proved true.

Thought official unemployment rates calculated very differently than it was done in the 20th century say that the current US unemployment rate is 10 percent in May 2011, calculations that are done based on the same criteria used in the 20th century show that US unemployment is about 20 percent or more. This is depression-level unemployment. Housing prices are still falling, and foreclosures on homes this year are predicted by the industry in general to break the recent records.

If the recent work of Rossi proves out, more people might be convinced of a scientific revolution in physics this year. In papers and my book that you can pay to see a copy of online at http://www.sciencejunk.org, the reason why scientific revolutions happen every 80 years on average is explained. This causes industrial revolutions that happen at an average of 80-year intervals. This gives rise to the Kondratieff long-wave cycle of economic growth and two different kinds of depressions or deep recessions that alternate at about 40-year intervals on average. This is how I predicted a depressionary period for the decade of the 2010s. I call the basic scientific paradigm for the new recent physics discoveries the "Plasmoid Paradigm." You can read about that online also.