“Talkin’ ’bout a (demographic) revolution”

FTDemographics is no longer a dusty concern of academics and eccentrics“, wrote columnist John Dizard in yesterday’s Financial Times.

“It’s not just state pension burdens and tax revenues that are shifting with  European demographics. Corporate bond and equity issuers are also much more  dependent on diverging demographic prospects.

“Before, say, 1934, nuclear physics was of interest to chalk-dusted academics.  After that, the field started to grow into a vast and powerful industry.  Demographic bombs take longer to detonate than the nuclear variety, but they are  a serious threat to southern Europe, Japan, Korea and China.”

(From the Financial Times, 8 July)

About Paul Hodges

Paul Hodges is Chairman of International eChem, trusted commercial advisers to the global chemical industry. Paul is also an invited member of the World Economic Forum’s Global Agenda Council. The aim of this blog is to share ideas about the influences that may shape the chemical industry over the next 12 – 18 months. It will try to look behind today’s headlines, to understand what may happen next in important issues such as oil prices, economic growth and the environment. We may also have some fun, investigating a few of the more offbeat events that take place from time to time. Please do join me and share your thoughts. Between us, we will hopefully develop useful insights into the key factors that will drive the industry's future performance.