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Chemicals and the Economy

UK’s Brexit referendum is about peace and prosperity

40 years ago, the vast majority of the British people were in favour of joining the European Economic Community. 67% voted in favour, in the 1975 referendum to confirm the UK’s entry.  Virtually all mainstream politicians were in support, with only the left-wing of the Labour Party strongly anti on the grounds that it was […]

“Debt-financed growth model has reached its limits”, admits German finance minister

Central bank policy-making is becoming more and more dysfunctional, as German Finance Minister Wolfgang Schäuble‘s comments highlighted on Friday: “The debt financed growth model has reached its limits.  It is even causing new problems, raising debt, causing bubbles and excessive risk taking, zombifying the economy….and may have laid the foundation for the next crisis.” One clear sign […]

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