treaties called longways cycles and economic life doomed to obscurity though on account of kondratiev being sentenced to the google log and his theory being upstaged at the time by keynes's who his theories may have been more conducive to politicians as a way of justifying public spending but it's relevant today nonetheless as our guest first let me set this up a bit now warn you this is a seriously simplified version of this chart but i want to explain before we get into the interview because these patterns are divided into four seasons you can see here exhibiting specific trends when it comes to. these aspects confidence inflation credit and interest rates also assets that perform the best but i'll get to that too now where are we now worrying winter and i should mention that spring's summer autumn and winter correspond with the expansion inflation plateau and depressions so winter is not good but first how do we get here let's talk about autumn so autumn is marked by confidence which goes to euphoria and inflation is going down credit is going up principally to consumers and intere

wave theory now this theory comes from nikolai kondratiev study in the one nine hundred twenty s. of historical data on agriculture and manufacturing were he went back decades even centuries and identified striking patterns of boom and bust occurring in intervals of fifty four to sixty years now it was introduced to the modern age and can draw t.-s. treaties called longways cycles and economic life doomed to obscurity though on account of kondratiev being sentenced to the google log and his theory being upstaged at the time by keynes's his theories may have been more conducive to politicians as a way of justifying public spending but it's relevant today nonetheless as our guest first let me set this up a bit now warn you this is a seriously simplified version of this chart but i want to explain before we get into the interview because these patterns are divided into four seasons you can see here exhibiting specific trends when it comes to. these aspects confidence inflation credit and interest rates also assets that perform the best but i'll get to that too now where are we now wo