supercycles
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< frohlix
Investments worth £800bn are made through Islamic finance products.
In economics , Kondratiev waves (also called supercycles , great surges , long waves , K-waves or the long economic cycle ) are supposedly cycle-like phenomena in the modern capitalist world economy . [ 1 ] Averaging fifty and ranging from approximately forty to sixty years, the cycles consist of alternating periods between high sectoral growth and periods of relatively slow growth. [ 2 ] Unlike the short-term business cycle , the long wave of this theory is not accepted by current mainstream economics . [ citation needed ] History of concept
Governor Mitch Daniels on why he believes the stimulus is not working Newsnight's Paul Mason meets Mitch Daniels, the Republican governor of Indiana who is tipped to challenge Barack Obama for the US presidency in 2012.
