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Reply #4: I'm Agnostic on Kondratieff Waves [View All]

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On the Road Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Jun-14-05 02:12 PM
Response to Reply #2
4. I'm Agnostic on Kondratieff Waves
Don't know enough about them. Braudel mentioned them in his economic history of the 15th-18th centuries. He spoke of them as being 150 years in length (which seems kind of long for a recurring pattern to be detected), although some people use that term for shorter periods.

I agree there will be a crash which will present excellent buying opportunities, although how deep and how long remains to be seen. Lots of people have gone broke betting against the US economy.



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