Bull and Bear Markets in Int’l Tensions, Part II
Mar 15th, 2006 | By Whiskey Contributor | Category: Emerging Markets
Why do rising long-term waves expand the orbit of the world market and lead to the involvement of new countries and regions in the trade network?
Kondratieff showed that during a downward wave:
"...the depressed state of economic life stimulates the search for ways of cutting production cost -- the search ...read more
