Business cycles are very much real. Timing them, thats not so easy.
I have read a few things about the Kondratieff cycles before, there was even a mention in a recent Economist magazine (no idea where.)
The graphic given says January 2000 as the end of the disinflation/euphoria period. That would appear to show we are 7 years into the winter, yet thats not exactly accurate.
I have read a few things about the Kondratieff cycles before, there was even a mention in a recent Economist magazine (no idea where.)
The graphic given says January 2000 as the end of the disinflation/euphoria period. That would appear to show we are 7 years into the winter, yet thats not exactly accurate.