Kondratiev is Alive and Well!

We are currently in a Kondratiev winter, and Chapman discusses the characteristics involved: best investments (gold and cash); shattered confidence; stock markets in bear market territory; interest rates generally remain low; real estate prices collapse; inflation falls, with a possible move to outright deflation; trade conflicts grow; bankruptcies soar; sovereign debt collapses; banking collapses; increasing corporate and banking scandals; political and social upheaval; a higher risk of war; debt levels that rise and then fall following bankruptcies and defaults; rising gold and gold equities in the face of financial and economic collapse...more