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The Kondratieff Wave
Part 1 of Paper ....ld economics), important moments in history and of course human affairs. Long waves have to do more with “accumulated” massive structure problems in world economies. Problems that governments try to correct sometimes only stalling the inevitable. I try to associate these long waves with actual living system behav.... Part 2 of Paper .... knowing what to be cautious about. There is much speculation going on and being one of the first persons to act may give you and advantage.
In the second quadrant nominal rates expand, there’s speculation of hard assets, etc. Gradually paying off debt here is recommendable. It is a time where there is most likely a surplus of cash and a general view of this is too good to be true.
In the third quadrant of the K-wave debt gets difficult to payoff. The reason for this is that even though a.... |
Number of words: 2089 - Approximate pages: 8 |
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