Tag Archives | US economy

Sitting On The Fence Involves Choosing Failure

By John Richardson

IF you choose not to decide, you still have made a choice. So the choice today is yours. If you remain on the fence, still unsure about whether the end of the Supercycle is real or not, …

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The End Of The Economic Supercycle: What To Do Next

By John Richardson

THE above infographic explains the end of the economic Supercycle:

•During the 1980s/1990s, the BabyBoomers – the largest and wealthiest generation that the world has ever seen – entered the Wealth Creator generation (those aged 25 – …

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US Split Into Two Countries And Both Must Prosper

By John Richardson

WHAT is the most important job for any politician? Ensuring the long term economic health of her or his country.

And in the ideal world, our politicians should pick the policies that get this essential job done, …

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US Needs A New Normal “Permanent Study Group”

By John Richardson

A LOT of the discussions taking place in and around last week’s American Fuel & Petrochemical Manufacturers International Petrochemical Conference (IPC) in San Antonio, Texas, was, of course, around oil prices.

Lower crude prices means less of …

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China’s Damage Limitation: The Reserve Requirement Cut

By John Richardson

DAMAGE limitation is the motive behind China’s decision cut its reserve requirement  ratio (RRR) by 0.5% to 19.5%.

(The RRR is the amount of money that banks have to set aside against this lending, and so the …

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US Petrochemicals: Three Predictions For 2015

By John Richardson

AS you can see from the table below, there are  no less than 12 US ethane-based cracker projects being planned with lots of associated downstream capacity.

Theoretically, this represents:…

14.8m tonnes/year of new ethylene capacity at these

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US Petrochemicals Will Suffer From “The Blame Game”

 

By John Richardson

THE chat below provides some very instructive reading as it shows that:…

Since 2000, overall real consumption in US polyethylene (PE) has fallen from around 12.5m tonnes to 12.3m tonnes (real consumption is domestic production plus

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Another Failed US “Wealth Effect”

By John Richardson

HERE are some alarming facts about the US economy:…

The wealth of the average American tops $301,000 per adult, which left  the US in fourth place in the latest Credit Suisse Global Wealth report.
But median wealth

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China, The US Stock Market And Overvaluation

By John Richardson

THE US economist, Robert Shiller, has a very good track record in identifying  when bubbles have become inflated. For example, as early as 2003, he foresaw the dangers of the US housing bubble.

And so the blog …

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What A “Low Growth World” Really Looks Like

By John Richardson

ONLY six new  US crackers would be built over the next five years because of rising construction and labour costs, said Dow Chemical’s CEO, Andrew Liveris, in an earnings conference call last week. This would be out …

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