Jubilee on Wall Street: An Optimistic Look at the Global Financial Crash
This updated and expanded edition offers readers the clarity that comes from the Kondratieff long wave perspective on the ongoing global economic and financial crisis. Only the insight provided by the long wave explains the crises. Irwin Professional, now McGraw-Hill, published the last edition of this book asThe K Wave(1995). That limited edition included charts that illustrated the long wave ending with a real estate crash, global stock market crash, and a global debt bust that combine to bring the long wave winter season to a close. The accuracy of the forecasts made using the long wave approach has generated renewed interest in this book. This updated and expanded edition with 24 long wave charts explains the current status of the long wave and the impact on your investments including stocks, bonds, real estate, commodities and gold. Current long wave and business cycle analysis suggests that overly aggressive fiscal and monetary policy, which produced the real estate bubble, has lengthened the current long wave until 2012. The author has now studied the long wave, other long wave experts, and related technical analysis for more than 25 years. This new edition includes significantly advanced research on the long wave. Readers that genuinely want to understand the global financial crisis and where markets are headed next will enjoy this contribution to the long wave literature and perspective. It was a pleasure to write this new edition for you.