The Kondratieff 'Winter of Discontent'
With Special Guest: John Rubino
27 Minutes, 29 Slides
John Rubino and Gordon T Long explore what unprecedented Global Debt Levels and Fiat Currencies have meant to the Kondratieff Long Wave and the "Winter" it predicts we should now be experiencing.
With the aid of 29 slides it can be seen that distortions are presently hiding the Kondratieff Winter which is unfolding exactly as predicted. It is actually quite evident if you look behind the the carefully manipulated statistic, emergency public programs and failed Monetary and Fiscal Policies. Unfortunately, these wasted political efforts are only delaying and worsening the liquidation of malinvestment, debt write-offs and repricing that are central to the emergence of the Kondratieff Spring.
As a consequence this cycle will prove to be the worst winter ever recorded and a chilling "Winter of Discontent".