Kondratieff Wave II

So far, the United States has experienced four Kondratieff Waves in its history.

The latest phase began in 2000 and is expected to last until 2010.

So, you can hope to have a safety net of a couple of more years...unless that is something unexpected, which is really expected but everyone would rather not expect and so ignores, occurs. In this situation, it will not be possible to easily get out of debt. Our researchers are still trying to get the formul down right before announcing whether or not an expected event will occur between 2007 and 2010, though right now bets are on that it will occur sooner rather than later. In which case, hold strong and don't give up. If you give up, then you'll wind up with even more debt in trying times.