In these pages you’ll have a learn inside Russian person called Nikolai Dmyitriyevich Kondratiev (aka Kondratieff) 1892 – 1938, who came out with a theory into the 50 to 80 year-long wave cycle that capitalistic economies go through: a spring (inflation), a summer (stagflation), an autumn (deflation) rrncluding a winter (depression). According on the Kondratiev (aka Kondratieff) long wave theory, just like nature the economy is born again and rises up from an excellent plateau than where the economy had started.
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