Entries from Chemicals & The Economy tagged with 'G7'
Investors rush to save with the JUUGS
Most of us have now heard of the PIIGS countries (Portugal, Ireland, Italy, Greece, Spain). They are the ones causing the Eurozone debt crisis. Today, the blog introduces the JUUGS (Japan, UK, USA, Germany, Switzerland). These are the major countries...
Global financial markets at important crossroads
Stock markets around the world are at an important crossroads. The blog's regular 6 monthly review compares today's market levels with their 2007/8 pre-Crisis peaks. And as can be seen, none have yet hit a new high. This is quite...
Preparing for an Age of Austerity in public spending
The blog has sometimes despaired of the cheer-leading and wishful thinking of too many leading policy-makers. As I argued in the Financial Times in March 2007, before the Crisis began, "they seem to confuse being market-friendly with being friendly to...
Restocking begins but the downturn continues
CLICK HERE FOR PDF VERSION Recently the blog has identified a number of signs that US housing and auto markets are stabilising, at least temporarily. This should feed through into chemical demand during Q2, and enable production volumes to show...
Germany's industrial orders collapse 29%
There is little justice in today's recession. Countries that saved hard, and avoided reckless lending, are seeing their economies collapse as fast as those that spent as if there was no tomorrow. Thus Germany is now following the path already...
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