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THE FATIGUE OF SEARCH IS A GOOD FATIGUE, A FERTILE FATIGUE KOSTAS AXELOS. Nikolai Kondratiev was a Russian economist who was executed by Stalin in 1938 because he was opposed to the collectivization of the earth and because he claimed that capitalism would always return and will never die. Kondratiev became known for his famous waves that last 50-60 years and which consist of the expansion, the crisis and the contraction upon According to an*lysts around 2020, in the recovery of the fifth Kondratiev wave, the beginning of a new world war is estimated. The reasons for this war will be the intense competition mainly on raw materials and markets as well as on the multipolar distribution of military power among big countries. New forces will create a new hegemony. in a global military controversy with the US in 2020, or the other possibility is the US- Japanese war. While Wallerstein (2000) argued that a war between Europe and Asia in the 21st century was most likely. Goldstein (2005) estimates the existence of war in 2025, while It is a fact, however, that the conditions that have been shaped and are still shaped bring the Western world and mostly Europe, under China and India are now emerging giants demographically but also economically, possibly also military, while the population in the West shrinks. Migration was thought to solve the demographic problem of the West and the problems in the pension system and will boost the economy However, it has not been taken into account that in the downfall phase of the Kondratiev cycle like the one we are experiencing, which is characterized by shrinking jobs, there will be mas*ive groups of unemployed (both locals and immigrants). Public budget will be burdened since the benefits given are much higher than the taxes paid. In addition, continuous automation causes further jobs shrinking and, therefore, redundant “working hands”, while through telecommunication the transfer of skills and knowledge is now very