The financial winter is nearing
By GCRU Gold News on Thursday, August 18 2016, 11:07 - Permalink
The Investopedia defines the” Kondratieff Wave” as: “A long-term cycle present in capitalist economies that represents long-term, high-growth and low-growth economic periods”. The initial study by Kondratiev, was based on the European agricultural commodity and copper prices. He noticed this period of evolution and self-correction in the economic activity of the capitalist nations and felt it was important to document.