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The Kondratieff Wave
Part I of Essay
has its basics in what’s called long wave cycles. These long wave cycles involve economics (world 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 .... Part II of Essay .... have that “risk is relevant to what the masses think”. In this stage of the K-wave going against mass thinking can result in a very wise choice. Most people can be extremely cautious and pessimistic during this period not 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 sur ....
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Words: 2089 - Pages: 8
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