The last full blown Kondratieff Long-Wave contraction occurred in the 30's. The next Kondratieff Long-Wave finally commenced in 2007-08, after being delayed by several foolish and ultimately unsuccessful interdictions of the US Monetary and Fiscal authorities. Its reemergence is now ordained with the FED's insanely structured ZIRP! Therefore, the Kondratieff's full impact is due to reassert itself in the next 18 to 36 months. If you want to know more: go to, www.polestarcomm.com
Friday, May 8, 2015
Another Crash Warns Tim Geithner! No KIDDING!!
" Former Treasury Secretary Tim Geithner said Thursday that a financial crisis will happen again at some point, but the structural reforms undertaken after 2008 can serve to mitigate the damage.
Oh Really? Like mitigate the loss of jobs, the loss of houses, the loss of families, the loss of lives?
"The U.S. economy now is a more stable, resilient, and stronger economy than before the 2008 financial crisis, Geithner said in an interview with CNBC's "Squawk Box." Even with the challenges in the U.S. economy, America is a "lucky country," he added...."
Oh Really? More stable, more resilient, and stronger, because of the loss of jobs, the loss of houses, the loss of families, the loss of lives?
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