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Chemicals and the Economy

Debt, demographics set to destroy Trump’s GDP growth dream

Unsurprisingly, Friday’s US GDP report showed Q1 growth was just 0.7%, as the New York Times reported: “The U.S. economy turned in the weakest performance in three years in the January-March quarter as consumers sharply slowed their spending. The result fell far short of President Donald Trump’s ambitious growth targets and underscores the challenges of […]

Lessons from Japan’s ‘lost decade’

In December, the blog noted that Japanese policymakers saw clear parallels between the mistakes they made during the ‘lost decade’ of the 1990’s, and those being made today in the USA and other Western countries. The New York Times now has a fascinating article on this subject, which notes that: “The Japanese crisis of the […]

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