Här är en länk till en intervju med Ian Gordon, stor förespråkare av Kondratieff-cykeln.
05_10_19_IanInterview.pdf
Finns mycket att reflektera över även om man inte tror på Kondratieff-teorin.
Gjorde ett utdrag från ovanstående:
"When an excessive amount of debt is created and collateralized with largely inflated assets, its liquidation when triggered is usually involuntary and violent. It is this liquidation that is the cause of the rapid collapse of the total credit money supply. This in turn causes the collapse of demand and the dumping of surplus properties and inventories at sacrifice prices and the sharp rise of unemployment, which is typical of a depression. //.. ..// Inflation cannot last much longer, because confidence in the entire credit system is being eroded by the increasing level of bankruptcies and the ridiculous levels of consumer debt. Watch out for the largest credit bubble of all?watch out for real estate."
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