this future would joining me to hash it out is our guest today he is peter baxter he is author of kondratyev winter dot com and he has studied all of this so he can tell us not to better than i can with that kind of subpar description of his fabulous chart what this all means so first i want to thank you so much for being on the show. it's going to be your lawn thank you yes now before we get into all of the details that can see a theory let's start out by really setting up for our viewers why they need to care how does this theory help us or you understand i don't know investing or saving or how to read the economic news or figure out what economic news we're likely to see your policy prescriptions that we should or shouldn't see when i feel that contract where there is an excellent tool for trying to make sense of these extraordinary financial times i'm living in right now. if you look at the lens of this theory go going back decades and centuries in understanding these recurring cycles of boom bust and you get a better sense of where we are in the big picture of things and i think that's