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Collapsing Crude: What To Do Next

Business, China, Company Strategy, Economics, Oil & Gas, Olefins
By John Richardson on 13-Jan-2016

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This is business critical now, as the new global economic crisis, centred on China and other emerging markets, gathers momentum. Putting aside the specific monumental problems represented by China, as the Financial Times pointed on Monday, the last decade has seen total emerging market debt rise from $5.4n to $24.4tn. This is equivalent to 90% of emerging market GDP. Yes. that’s 90%.

The debate is now over, and should have been over four years ago. But in a world of 140 Twitter characters, and herd behaviour, people held on to their old ideas. Now they need to be challenged.

If you need advice on what do next contact me at john.richardson@icis.com.

The debate should be over.