DESCRIPTION: SENNEN Vultures Out March 8th 2012 on white 10" vinyl.
www.sennen.org.uk
Nikolai Kondratiev was a Russian economist who proposed a theory that Western capitalist economies have long term cycles of boom followed by depression. These business cycles are now called "Kondratiev waves". His model predicted the rise, peak and decline of several major industries including Cotton, Rail, Electrical Engineering and Petrochemical. The current wave indicates that our current economies are in serious and lengthy decline.
Nikolai Kondratiev was executed by firing squad in 1938.
DIRECTOR Ashley Dean
MODELS Emily Brooke-Davies Leanda Johnson
CAMERAS Mathew Molson John Dean
THANKS Dom Brownlow Nick Jepson Janet Dean Carl Alport East Street Arts