Finance & Fury Podcast

Are K Waves useful in the modern economy to forecast where we are likely to head?

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Sinopsis

Welcome to Finance and Fury, the Furious Friday Edition Today is a follow on from Last FF ep – on K waves – if haven’t listened – worthwhile to go check Today – is the cycle relevant today with central banks – and go through the most recent cycle – meant to start in 1949 and end this year First - Summary from last week – K-wave – summarises the long term cycles of economies in capitalist countries - Each cycle has it sub-cycles – which are dubbed as seasons as broken down into four sub-cycles – Each K wave is a 60 year cycle (+/- a few years here or there) – then the internal phases that are characterized as seasons: spring, summer, autumn, and winter: Spring: Increase in productivity, along with inflation, signifying an economic boom Summer: Increase in the general affluence level leads to changing attitudes toward work that results in a deceleration of economic growth Autumn: Stagnating economic conditions give rise to a deflationary growth spiral that gives rise to isolationist policies, further curtailin