A Kondratiev Winter is the final, contractionary phase of a 40 to 60-year long-term economic cycle first theorized by Russian economist Nikolai Kondratiev. It is typically characterized by deflation, high unemployment, widespread debt defaults, and economic depression, ending in a restructuring that paves the way for new technological eras.
The greatest deflationary period in the past 100 years occurred during the early years of the Great Depression (1929–1933).1929 to 1933 was the hyper deflationary implosion.
On March 6, 1933, newly inaugurated President Franklin D. Roosevelt issued a proclamation declaring a four-day national banking holiday. Effective at 1:00 a.m., the sweeping action ordered the immediate suspension of all banking transactions across the United States to stop devastating bank runs.The Great Recession (2007–2009) is widely considered the most severe economic and financial meltdown in the United States and globally since the Great Depression of the 1930s.
The Dow Jones Industrial Average (DJIA) hit bottom occurred on March 6, 2009, when the index briefly touched 6,469.95
Recessions are the beginnings of depressions.
There have been 13 beginning of depressions since the end of WW2
The United States has experienced continuous inflation since 1941.
Prior to the great depression the boom bust cycle in the USA was around 5 years of boom followed by 5 years of bust.
9 years of boom prior to 1929 roughly.
Basically the USA and world has been inflating for the past 85 years.
1933 to 1941 was winter.
1941 to 1971 was spring
1971 to 2001 was summer
2001 to 2031 is fall.
2020 was late fall.
The end of the line of the 1981 to 2020 Make America Great Again plan.
The 2030 Agenda for Sustainable Development is a United Nations global action plan adopted by all member states in 2015. At its core are the 17 Sustainable Development Goals (SDGs), which serve as a blueprint to eliminate poverty and hunger, reduce inequalities, and halt environmental degradation.The SDGs are broken down into 169 specific targets designed to guide international cooperation, government policies , and private sector initiatives to build a sustainable world by the year 2030.
