Helping you navigate the new normal since 2001
I have been warning about the Covid-19 risk since early February, and in April suggested here that: “None of us have ever seen a health crisis on the scale of Covid-19 . Nor have we seen an economic crisis on this scale before. The best guide to what may happen is therefore likely to be
World moves from Denial to Anger, as the Paradigm of Loss moves forward Read More
A branch of Centaline Property Agency in Hong Kong © Bloomberg Indebted Chinese property developers threaten a domino effect on western credit markets , as I describe in my latest post for the Financial Times, published on the BeyondBrics blog Second-order impacts are starting to appear as a result of China’s lockdowns. These are having
China’s property sector is at the epicentre of the crisis Read More
Beijing has a population of 21.5 million, but you wouldn’t know it from this BBC video from last Thursday. Normally busy streets and transport systems are eerily empty, with food deliveries often the main traffic on the roads. It’s the same picture in industry, with the Baidu Migration Index reporting only 26% of migrant workers
China’s lockdown makes global debt crisis now almost certain Read More
“The 1950-2000 period is like no other in human or financial history in terms of population growth, economic growth, inflation or asset prices.” This quote isn’t from ‘Boom, Gloom and the New Normal: How Western BabyBoomers are Changing Demand Patterns, Again‘, the very popular ebook that John Richardson and I published in 2011. Nor is […]
The post Boomer SuperCycle unique in human history – Deutsche Bank appeared first on Chemicals & The Economy.
Boomer SuperCycle unique in human history – Deutsche Bank Read More
Is global economic growth really controlled by monetary policy and interest rates? Can you create constant growth simply by adjusting government tax and spending policy? Do we know enough about how the economy operates to be able to do this? Or has something more fundamental been at work in recent decades, to create the extraordinary […]
The post Time to recognise the economic impact of ageing populations appeared first on Chemicals & The Economy.
Time to recognise the economic impact of ageing populations Read More