Tag Archives | demographics

Central Banks Risk Being Behind The Curve

By John Richardson

BACK in 2003 the Bank for International Settlements (BIS) predicted that dangerous imbalances were building up in the global financial system.

The BIS, a Brussels-based international organisation for central banks, was worried that the Fed and other …

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China Adjusts To “Zero Inflation” In Textiles

By John Richardson

CHINA’S polyester chain business is undergoing a painful adjustment period, as the slide above indicates, as a result of:…

Expectations that cotton prices will drop to a five-year low in 2014-2015. This is largely the result of

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Australia At An Economic Crossroads

By John Richardson

THERE is no such thing as level playing field when it comes to the chemicals industry and, for that matter, probably any other industry.

China has long-subsidised many of its industries through soft loans for new projects, …

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Thailand’s Coup: The Economic Suspension Has Gone

By John Richardson

WE are  going to feel every political, social and economic bump in the road from now on because the suspension on the proverbial automobile has gone.

No longer can Asian economies compensate for their domestic problems in …

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Demographics Threaten China Property Collapse

By John Richardson

THE persistent weakness in China’s petrochemicals markets had mainly been caused by problems in the country’s property sector, according to many delegates on the sidelines of last week’s Asia Petrochemical Industry Conference (APIC) in Pattaya, Thailand.

Here …

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China’s Urbanisation Myth Bites The Dust

By John Richardson

THE blog would again be in the position of being able to afford a yacht in Monte Carlo if it had a dollar, even in an Australian dollar these days, for every time it has heard the …

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Europe’s Dinosaur Destiny

By John Richardson

DINOSAURS became extinct, scientists think, because of an event beyond their control – either an asteroid colliding with the earth, volcanic activity, an ice age, disease or gradual climate change.

With all due respect to the former …

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The US Patient Needs An Operation

By John Richardson

THE Fed’s quantitative easing (QE) programme hasn’t worked because, to use an analogy, it has been equivalent to pumping drugs into a patient that needs major surgery in order to fully recover.

A steady flow of drugs …

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Gas, Gas, And Perhaps Even More Gas

By John Richardson

THE global petrochemicals industry is stepping on the gas as it accelerates both capacity expansions and the restructuring of existing assets. Apologies for the pun.

In the US, of course, some 25m tonnes/year of ethylene capacity is …

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The Minority Isn’t Always Wrong

By John Richardson

“I REALLY worry about the ability to export extra capacity from the US as I think global markets will become much more regional,” said a source with a poylolefins producer .

“The US is also pretty much …

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