The cycles shown is what Wesley Michell published around 100 years ago .
I found undergraduate economic studies 101 and 102 practical and interesting (keynesian based ) even humorous at times with the best lecturers , started doing a masters in resource economics and found it farcical with the Milton Friedman/Stiger theory based on no or little consequences from leveraging (printing money) , 12 years later the GFC hit and realised Maynard keynes was correct as we had not solved the problem just printed more debt and devalued the supposed US reserve currency.
as the video graciously provided above showed economics is just maths on a big scale , not the emotional of consumption at any cost .
Ann: Q1 FY24 Market Update, page-62
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