Is There a Mad Russian in the House?

Who is Nikolai Kondratieff?

Why should we care?

As always, the blog has been roughly two years ahead of the curve so expect this name to start getting bandied about roughly in 2013.

(Technically, he was a product of an earlier age, and phrased his theory in terms of fixed years -- a product of the gold standard -- but it really has to do with the "peak debt" of debt cycles.)