Скачать или смотреть Economic Winter and Deleveraging......2024?

Several significant events and trends emerge during the "economic winter" phase in the Economic LongWave framework. The collapse of the Financial Renaissance was accompanied by various challenges such as deflation, debt deflation, real estate market collapse, mortgage loan defaults, pension crisis, sovereign defaults, and potential failures in central banks. This combination of factors paints a bleak picture of the future.

Economic growth experiences a severe slowdown, often turning negative during this period. Trade conflicts escalate, leading to an increase in bankruptcies. Social and political upheavals become more prevalent, driven by the purging of greed and corruption from the system. The banking sector faces a collapse, and the overall social mood becomes very pessimistic. Civil unrest, wars, and even global conflicts like world wars become potential outcomes.

Amidst these challenges, there are rays of hope. Stocks eventually reach their lowest point, signalling a potential bottoming out. The real estate market also reaches its lowest point, paving the way for potential recovery. Interestingly, productivity and innovation tend to soar during economic winter as individuals and businesses strive to find new solutions and adapt to harsh conditions.

Understanding the concept of economic winter within the Economic LongWave framework sheds light on the potential challenges and transformations that may occur during such periods. While the description may seem grim, it also presents opportunities for renewal, innovation, and the eventual emergence of a new economic era.