Chemicals and the Economy

US interest rates turn negative
20th November 2009 by

The irresponsibility of some parts of the global banking system continues to upset the blog. First, ...

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Germany attacks central bank policy
5th June 2009 by

During the growth years, it became fashionable for politicians to claim that central banks were R...

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The blog in 2008
3rd January 2009 by

The blog is now 18 months old. It has a truly global readership, and as shown in the above map, is n...

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LyondellBasell considers bankruptcy
31st December 2008 by

2008 has not ended well for the chemical industry. First there was the collapse in demand, as the va...

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The ‘difficult task of damage control’
8th July 2008 by

The central bankers’ bank (the Bank for International Settlements) is not very impressed with ...

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Japan’s factory output weakens
28th February 2008 by

The blog has been following the debate over ‘decoupling’ with some interest. With the US going i...

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US housing worsens
8th October 2007 by

Its now 3 months since we first saw the impact of the subprime crisis. At that time, the main impact...

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The hurricane touches down
18th September 2007 by

Extraordinary events have taken place in the UK since my posting on Friday: • A bankrun took place...

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2008 Budgets just became more difficult to finalise
17th July 2007 by

Central bankers are like generals. They seem to prefer fighting their last war, rather than preparin...

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