The Kondratieff Wave theory, or "K-Wave," says economies go through big cycles that last 40 to 60 years, with phases of growth, slowdown, crisis, and recovery. Based on this idea, 2024 and 2025 could be pivotal years where we start to turn things around—or even kick off a new phase of growth.
A Possible Turning Point
We’re coming out of a long period of economic struggles: rising prices, high debt, and slower global growth. According to K-Wave theory, downturns like these often lead to a reset. Many central banks are trying to fix things by adjusting interest rates and policies, so 2024 and 2025 could reveal if these efforts work and help the economy get back on track.
New Technologies Leading the Way
Each K-Wave cycle has been sparked by major new tech. The last big cycle was powered by the rise of the internet and digital tech. Now, we’re seeing AI, renewable energy, blockchain, and other tech booming. If these catch on widely, they could be the boost we need for a new growth phase, making 2024-2025 a time to watch for big moves in tech and investment.
Shifts in Politics and Global Policy
Big global changes often impact K-Wave cycles, too. Right now, governments are focused on issues like climate change, reshaping supply chains, and energy security. These shifts could lead to a big economic reset in the next few years, paving the way for growth.
So, according to K-Wave theory, 2024 and 2025 could be a make-or-break period—either we see more challenges or the start of something big.
Sounds like complete rubbish to me, you can't possibly track economic cycles over periods of 40-60 years when there have been so many ground breaking changes during that time period. Not only that, anything we might have assumed in the past could now be highly condensed - 40 years ago the internet was the domain of the very few, now it is almost ubiquitous in peoples lives - to the point where we couldn't even comprehend what a world would be like without instance communication in various forms to the other side of the world. You are also extrapolating far too much, you cannot say that a theory which covers 40 to 60 years, somehow becomes applicable to specifically the small window of years 2024 and 2025 (when the margin of error is 20 years) - it is a false interpretation.