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Asian Chemical Connections

European Political Suicide Seems Unlikely

By John Richardson For once, we are not going to talking about demand but will instead focus only on supply. “In all scenarios, the US captures market share away from Europe,” the American Chemistry Council’s (ACC) chief economist, Kevin Swift, said in a presentation last week. As my colleague Nigel Davis, in another of excellent […]

Running Away From Complexity

  By John Richardson TWO-and-half years ago, the blog was told of a struggling Shanghai shoe-repair shop owner who had mortgaged himself up to the hilt in order to buy three apartments. “He has taken the risk because he assumes that the government will never let property prices fall,” a sales and marketing manager from […]

Asia Faces More Asset Bubbles

Marc Faber Source of picture: http://www.cliffkule.com/2011_06_26_archive.html By John Richardson RECENT action by Western central banks will result in more hot money flowing into Asia, creating further asset-price bubbles. Last week, the Fed launched QE3 and the previous week, the European Central Bank launched its bond-buying programme. Equity markets in China could also surge by 10-20 […]

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