the long wave k cycle is still very much alive

this article is a great (compelling and optimistic) read for cycle believers like me that ends with:

"What we are forecasting to rise from the ashes of the political and financial firestorm ahead is what we have termed The Great Republic. In The Great Republic, citizens will understand both fiat money and the value of digital gold currency, and the fact that you cannot consume more than you produce"

"However, if we are reading the long wave winds correctly, a colossal long wave global debt collapse is in the offing as the long wave grand finale into 2012. Our analysis suggests global equity markets will top here in 2010, in the final Kitchin cycle of this long wave, as the global black hole of debt exerts its deflationary gravitation pull, further destroying corporate efficiency.

Consider yourself warned."

- from the guys who in 1995 predicted a 2009 K bottom but like many others misjudged Government's ability to make things considerably worse by creating more debt

http://www.marketoracle.co.uk/Article18343.html