Economy
Kondratiev waves propose economic cycles lasting 40 to 60 years
HERE’S THE INTERESTING PART
Forget short-term bumps; some theories stretch the timeline to decades. Kondratiev waves propose that capitalist economies experience massive, predictable super-cycles spanning 40 to 60 years, driven entirely by technological innovation and subsequent stagnation. It is essentially an incredibly slow, multi-generational rollercoaster of boom and bust.
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