China’s “Vast Pit Of Debt”

By John Richardson

THE consensus has further shifted in our direction, as this editorial in yesterday’s Financial Times indicates.

This mainstream newspaper pulled no punches when it talked about the struggle that China would face in emerging from a “vast …

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Thirty Reasons Why Ethylene Will Not Be Tight Until 2019

By John Richardson

THERE is a very common view out there that the ethylene cycle will tighten from next year until around 2019, when the big flood of new US capacity is expected to hit the market.

This is supported …

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Want To Keep Your Job? What To Tell Your Boss

By John Richardson

THE economic data on China was very useful yesterday if you had already gone long on oil or US equities.

Both crude and the S&P 500 rallied on positive interpretations of Q3 GDP and industrial production data, …

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No Other Choice But To Tackle “Group Thinking”

By John Richardson

WE are proud to work with Paul Hodges, chairman of the UK-based chemicals company, International eChem, who in this superb FT Beyondbrics blog post, provides the kind of “connect the dots” top-down vision of the global economy …

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China: How To Chart The Future

By John Richardson

THE chart below should not be printed out and pinned on any chemicals company boardroom wall. If you accidentally press the “print” button, you must throw the print-out in the bin, without pause, just in case somebody …

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Oil Prices: Ignore Human Nature At Your Peril

By John Richardson

JUST four months after the blog first moved to Asia, we got the shock of our lives: The Asian Financial Crisis.

We were bewildered and didn’t know what to think, but fortunately, perhaps, there wasn’t much of …

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China’s September “Export Boom”. Are You Serious?

By John Richardson

WHEN something seems to be so obviously too good to be true, based on lots of contrary evidence, then it usually is.

And so here’s the thing:…

Nobody should take any serious notice of the 15.3% year-on-year

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China: The Future Winners And Losers

By John Richardson

CONVENTIONAL analysis, which assumes that the world of the last six years will be the world of the next six years, is failing.

One of the most  obvious examples of this is China, where one-dimensional, lack-of-depth conventional …

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Want Oil Prices Back At Above $1OO? Be Careful What You Wish For

By John Richardson

WE worry that quite a few people still don’t get it on crude oil.

Here is why:…

As recently as July, as the chart above from the latest BP Energy Review shows, oil prices were from 2009

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As Easy Money Ends, Time To Unblock The Plughole

By John Richardson

YOU cannot fix a blocked plughole by pouring in more water.

This is the core message of this very important FT Alphaville blog post, which tells us that:…

While Western central banks have done their best to

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