The topic du jour is a rethinking of what drives the economic Long Wave. First identified by Nikolas Kondratieff (Kondratiev to revisionists) in 1926, the notion of a 48-64 year economic cycle as a driver of future events is with us even now.
Still, there are many questions about “the wave” and how it is seen. So today a renewed conversation with an amazingly smart colleague who I worked with in 2001 when we advanced the notion of a currency debasement (displacing value with debt behind a currency) and projected a maximum cycle length in the 83.5 year range.
After some coffee, headlines, and the charts, some really useful thinking about the times directly ahead. I nice break from the news flow that; constitutes the National Distraction and the coming of Digital Mob Rule.