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
Monday, November 21, 2016
Kondratieff Tsunami = Death of Retail
What we predicted 8 years ago is just now entering the National Consciousness:
Wal-Mart recently reported it wants to shift from retail and bet on online business. Chief Financial Officer Brett Biggs said Wal-Mart would mainly remodel its existing stores and invest in e-commerce with only 20 percent going to the opening of new stores.
Howard Davidowitz, chairman of Davidowitz & Associates, recently predicted half of the 1,100 regional malls will be closing soon.
"When there is too much, and we have too much, then the only differentiator is price. That's why they're all going into bankruptcy and closing all these stores," Davidowitz told Reuters.
Loan Losses soon to engulf US Banks - losses from mostly 10-year CMBS loans of 2005 to 2007 have reached nearly $33 billion.
Does anybody get it, yet?
Does anybody out there think that Trump's palliative BS will reverse the long-term Kondratieff?
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