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This "Special Report" clarifies some of the issues of an impending world economic collapse and the emergence of the vast implementation phase of the Information Age Revolution. Long-Wave Economic Cycles helps us to understand the great transformation that our world will undergo during the 21st Century.

The looming economic crisis confronting the world in 2013 and beyond is massive and has the potential to severely cripple the global economic system. With each passing day, the economic drama gets elevated with more suspense and uncertainty.

However, with the start of the new millennium, major corporations are building the foundations and infrastructure of an incredible new technological civilization. Very similar activities were taking place at the beginning of the 20th Century, with major corporations setting the stage for enormous technological development and discoveries throughout the entire 100-year period. K-wave theory can help us to understand the economic and financial implications of these vast historic developments, as well as the creative/destructive nature of capitalism. As an economic philosophy and long-term strategy, it appears to be useful for long-term analysis as we examine and witness the rise and fall of the global economic system.

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