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Climate Change: Taking Out An Insurance Policy

By John Richardson

WOULD you get on board a plane without taking out travel insurance to protect your family? Of course not, even though the chances of you being involved in a plane crash are one in 9 million.

And …

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The West Is Becoming “Cash Poor And Time Rich”

By John Richardson

Consumers in the West are moving from being ‘cash rich and time poor” to being “cash poor and time rich”.

The reason is that Western fertility rates have below replacement level (2.1 babies/woman) for 45 years since …

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US Consumers Can No Longer Rescue The Global Economy

By John Richardson

WE have gone beyond a major turning point in world history when many of the certainties we used to be able to depend on simply no longer apply.

Just about everyone now accepts that the old certainties …

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It’s Insane But Why Not? Oil Back at $100 By Christmas

By John Richardson

ALBERT Einstein is widely credited with saying this: “The definition of insanity is doing the same thing over and over again, but expecting different results”.  Who cares if it is either paraphrased or he didn’t even say …

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China’s Environment: Business As Usual Not An Option

By John Richardson

SONG Wei, an environmentalist from Hunan province, told the BBC in July:  “No more economic growth stained by blood. Under the new environment law, every factory has to be approved before it’s built. We’re putting an end …

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Rudderless Australia Drifts On

By John Richardson

THERE used to be two certainties in life that everyone in Australia could depend on. We all know that the first certainty was, and sadly still is, death. But the second certainty was China acting as the …

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Just “Black Swans” That We Can’t Predict? Nonsense

By John Richardson

HERE is a list of just a few recent what were are told were “Black Swan” events:…

The Lehman Bros-triggered global financial crisis.
China’s 2008-2013 economic stimulus package.
Last year’s collapse in oil prices.
China’s economic and

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China Jan-Feb Polyolefins Production Underlines New Direction

By John Richardson

Here is another chart to consider as you, hopefully, dismantle and completely rebuild your strategy for China:

It shows that in in January-February of this year compared with the same period in 2014, China’s polyethylene (PE) production …

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“Bad Deflation” Set To Dominate Global Economy

By John Richardson

THERE has been a great deal of discussion lately about the differences between “good” and “bad deflation”.

Good deflation, we are told, includes the fall in oil prices that has put more money in the pockets of …

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Stand Back And Think: Can This Oil-Price Rally Really Last?

By John Richardson

THE talk in oil markets right now is largely about falling US rig counts and how this has resulted in tighter supply.

But it is very important to note that this focus on the rig count is …

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