scary us economic catastrophe article., page-13

Yikes.


http://www.kwaves.com/kond_overview.htm

http://www.gold-eagle.com/gold_digest_04/droke070104.html

The Kondratieff wave cycle goes through four distinct phases of beneficial inflation (spring), stagflation (summer), beneficial deflation (autumn), and deflation (winter).

Since the last Kontratyev cycle ended around 1949, we have seen beneficial inflation 1949-1966, stagflation 1966-1982, beneficial deflation 1982-2000 and according to Kondratieff,
we are now in the (winter) deflation cycle which should lead to depression.