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The Kondratieff Wave
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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 that governments try to correct sometimes only stalling the inevitabl ....
Middle of paper ....eculation 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 actual nominal interest rates may lower, real inter.... |
Word count: 2089 |
Page count: 8 |
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