Major change is underway in the global economy: Global GDP has grown 10-fold over the past 60 years; life expectancy has risen by 20 years; average time in education has risen from 3 yeas to 8 years; 70% of the world now has access to the internet Today, the scale of technological change means 40% […]
Chemicals and the Economy
55 plus – a new market
The blog’s analysis about the inevitability of slowing demand and deflation was warmly received at Euromoney’s latest Global Bond Investors’ Congress. Far fewer of this year’s attendees still believed that central banks could return the Western economy to SuperCycle growth levels. Thus its concept of the 3 Normals received a most enthusiastic response. This week has seen even greater interest develop […]
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