Here on the Doorstep…of 1929!
Longwave economics is not particularly difficult, but it requires an agile mind to take it all in. Although the cycle length is nominally 48-64 years, there is plenty of drift because Depressions are never quite the same. The US Civil War (1860) to the start of WW I (1914) was only 49 years. WW I being a … Read More