| | | There're longer term charts, of course. The point I was trying to highlight with that particular 5 yr chart is the "cultural lag" that takes place whenever there's a into a, long, primary, deflationary trend. The main driver is excessive and still growing aggregate debt across the world.
For a more detailed exploration of this, and other valuable insights into multi-decade cycles which have recurred, over the centuries, since the European Medieval Period? Suggest you read: The Great Wave, by Fisher.
amazon.com
Just finished reading it for the 2nd time, a week or two ago. Rarely do that other than with the most important conceptual research.
Not offended you think I've been "suckered" into the views I hold...) It's never been my desire to change anyone's mind. Simply state my views and leave the rest to readers to come to whatever conclusions they think best serve their investment success.
No offense intended. But, as you probably know, don't have time for extended back and forth postings about the validity or lack there of my ideas.
Speaking of which? Been posting more on SI, lately, than usual. Overdue to log off, for awhile, to take care of some real world things.
All the best,
Iso |
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