Many of you are familiar with the Kondratieff or Long Wave. It is based on an economic cycle of roughly 50-60 years.
Here is an observation from Eric Von Baranov of the Kondratyev Theory Letters (yes, there are as many spellings of this as there are for Khadafi).
Classic Long Wave theory has assumed a liberal bias during the Upgrade and a conservative bias during the down grade. While simplistic these trends tend to hold true. Certainly Obama is more liberal than Bush II. Yet Obama is taking heat from the liberals in his party for not pursuing Gay and other liberal issues.
Interesting stuff. What it suggests is that we are in an up-wave now coming off the depression low.
