The Criticism Of Nikolai Kondratiev Waves

Superior Essays
Are you prepared for the fierce winter ahead

Nature functions in cycles, each 24 hour period can be divided into smaller cycles of morning, afternoon, evening and night. The whole year can be divided into seasonal cycles. Similarly, one’s life can also be divided into cycles. Cycles are abundant in nature, we just have to spot them, understand them and be prepared for them. Likewise, experts have noticed that the world also follows different cycles. The pioneer in the field was the Russian social economist Nikolai Kondratiev also called as Nikolai Kondratieff, a relatively unknown genius.

Who is Kondratiev
The geniuses defend their principles, even at the price of losing their life, they die but their legacy continues. Kondratiev was one
…show more content…
The criticism of the Kondratiev Waves
No principle in the world is left unchallenged, similarly, there are a few critics of the K-Waves, who consider it useful only for the pre-WW2 era. They believe that the current monetary tools at the disposal of the monetary agencies can alter the performance of the waves. There’s also a difference of opinion on the timing of the start of the waves.

The wave is being pushed ahead but the mood confirms a Kondratiev winter

A closer study reveals that the cycles are being pushed forward temporarily, any intervention in the natural cycle unleashes the wrath of nature, the current phase of economic excess will also end in a similar correction.

The winter started in 2000 preceded by the dot-com bubble. Many point that the stock markets are considerably higher compared to the levels in 2000, where’s the winter? The current stock market rise is fueled by the easy monetary policy of the various Central Banks all over the world. Barring a small period from 2005-2007 when the mood of the public was gung-ho, the whole winter has been spent with people in a depressed mood. The stock market rally from 2009-2015 has been the most hated rallies and the one laden with

Related Documents

  • Improved Essays

    From that point on, winter presides over the tragedy in all its manifestations of snow, ice, wind, cold, darkness, and death. The Narrator speculates that the winters in Ethan's past must have brought about a suppression of life and spirit. Winter is also symbolic of the isolation, loneliness, and immobility that Ethan…

    • 871 Words
    • 4 Pages
    Improved Essays
  • Superior Essays

    9/11 Research Paper

    • 1506 Words
    • 7 Pages

    ”If you see something, say something” (R. Green, 61). Americans had devised the catch phrase when they had approached a new level of vulnerability after the 9/11 offense. This quote resembles the immense impact that the 9/11 had in the United States. The new catch phrase resembles the shift in the way Americans lived their lives and how they saw things, promoting awareness. On September 11, 2001, Americans had experienced a devastating attack.…

    • 1506 Words
    • 7 Pages
    Superior Essays
  • Improved Essays

    Costco Stock Analysis

    • 708 Words
    • 3 Pages

    I went into the stock market project with a minimal understanding of the real stock market. When asked to choose which five stocks to invest in, I was lost. I eventually started to realize that I should choose stocks that may be popular in the upcoming months. The stocks I chose were Nike, the Hershey Company, Transunion. Microsoft Corporation, and Costco Wholesale Corporation.…

    • 708 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Interaction Failure Cycles are a major role that plays Of Mice and Men by John Steinbeck. Throughout each chapter in the book There are cycles being repeated. Most of the cycles are very significant because Steinbeck communicates that cycles in general can lead to failure because they keep doing the same thing over and over again. Through his story, Steinbeck is communicating that people who don’t interact with one another don’t accomplish their dreams.…

    • 402 Words
    • 2 Pages
    Improved Essays
  • Improved Essays

    Roaring Twenties Dbq

    • 1079 Words
    • 5 Pages

    It has been argued that the stock market crash of 1929 was the worst financial crises that the United States has ever seen. Prior to the crash during the 1920s society as a whole was experiencing some of the most prosperous times that had ever been seen throughout the history of the United States. The era definitely earned its nickname the Roaring Twenties. Throughout these well-to-do times, there was a wealth of money, optimism, and excitement. However, all good things must come to an end.…

    • 1079 Words
    • 5 Pages
    Improved Essays
  • Superior Essays

    The Great Depression is by far one of the largest financial disasters the world has seen. Hundreds of people lost their homes, their businesses, their savings, their hopes and dreams. Families had to learn to adapt to these desperate times, and a large quantity of people turned to welfare. For ten years governments struggled with a crisis of unheard-of proportions. Understanding the reasons behind the Great Depression, in particular regards to how the Stock Market Crash greatly affected and commenced it, is vital to preventing any future economic depressions.…

    • 1353 Words
    • 6 Pages
    Superior Essays
  • Great Essays

    Raskolnikov Suffering

    • 1538 Words
    • 7 Pages

    Written Assignment Salvation in Suffering Suffering embodies a natural part of life. The extent of suffering, however, depends on the set of circumstances that surround a person. Upon this point, the age-old argument of nature versus nurture may be deliberated. In Crime and Punishment by Fyodor Dostoyevsky, all characters inevitably suffer. Some endure suffering induced by poverty, while others suffer through unhealthy mental states caused by their role in society.…

    • 1538 Words
    • 7 Pages
    Great Essays
  • Superior Essays

    These are troubled times. The stock market crash is still affecting the American economy, even now, three years later. In fact, the situation is only getting worse. Stock value keeps falling: it is twenty percent what it was worth before the crash in 1929 ("About the Great Depression”). Banks are failing, and fear of their failure is causing the people to withdrawal their fund, which then causes the actual collapse of the financial institution.…

    • 1127 Words
    • 5 Pages
    Superior Essays
  • Great Essays

    Siginificant Canadian Historical Events Essay Over the course of the 20th century, Canada has faced numerous terrrible and unpleasent misfortunes. These five events are Canada’s most significant low-light moments because every one of these events affected Canada in a negative way. The Halifax Explosion was a large explosion that happened during the First World War and destroyed the north end of Halifax completely. Twelve years later, the Great Stock Market Crash occured and led to the Great Depression that lasted for a decade.…

    • 1243 Words
    • 5 Pages
    Great Essays
  • Improved Essays

    Entry 1 Westward expansion became crucial in the development of America after the Civil War. A majority of the settlers wanted to move west in an effort to find new rich fertile farmland. The soil the settlers had left behind had been overworked and was now thin, loose and without vital nutrients. Due to this thin soil, their crops suffered. Many settlers simply wanted to buy farmland other than in the east were land was being sold at a premium.…

    • 823 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    The Great Depression was a grim and distressing time for America in the 1930’s a time of poverty and loneliness. There were many causes of it, but it can be pinpointed to just a few. The stock market, a game of risk, winnings, but mainly losing in the end. Debt, the aftermath of the euphoria of all the so called earnings gained from the stock market. The farm crisis and Dust Bowl, the outcome that came about the innocent farmers’ from the money boom and what the farmers accidentally caused.…

    • 527 Words
    • 3 Pages
    Improved Essays
  • Improved Essays

    Right now, Americans are debating whether or not the “American Dream” is dead. Citizens are worried about the economy, the political system and their futures. In the essay the American Dream: Dead, Alive or On-Hold by Brandon King, he explains how the American dream is still alive to this day. King believes that people need to work towards the American dream instead of expecting it to be handed to them. The “American Dream” is currently dead, waiting to be revitalized.…

    • 948 Words
    • 4 Pages
    Improved Essays
  • Improved Essays

    On one of the most devastating days in economic history, the stock market crashed with the value of the dollar being useless. Many families were left without any warning, losing any of their savings placed in stocks. People started to worry, rushing to the banks to withdraw quickly, whatever money they had left to make sure they didn't lose anything else. Banks were closing faster than people could get to them, leaving people with nothing. The people who did grasp their money spent less on items that they needed because prices skyrocketed, which in return got people getting laid off from their jobs, worsening the economy and losing even more money.…

    • 1180 Words
    • 5 Pages
    Improved Essays
  • Improved Essays

    During the 1920’s America had experienced an economic growth in which not only did it made the Nation rich but the people were able to obtain more luxuries such as cars, jewelry, events, and even afford buying a house. By the time it had become popular for people to possess items of high value and even value them more than anything. The time during this period was suitable; People were earning more money and consuming more, which also meant that people were investing great amounts of money into stocks, but on October 29, 1929 the stock market took a downturn in which eventually led to the events of the Great Depression. As the stock market crash not it only did it affect millions of Americans, it affected the economy as well. This tragedy is historically known as “The Stock Market Crash of 1929,” were it focuses on the events that led to the stock market’s collapse and its aftermath, The Great Depression.…

    • 1304 Words
    • 6 Pages
    Improved Essays
  • Great Essays

    What are the major consequences of Wall Street Crash 1929? The last century witnessed a tragedy in global stock markets, initiated by the notorious Wall Street Crash 1929. This caused a big slump in the market values of shares across the world. This triggered off the Great Depression, and many other consequences.…

    • 942 Words
    • 4 Pages
    Great Essays