Saturday , 18 August 2018


Economic Overviews

What the Economic & Financial Tea Leaves Are Saying

My reading of the economic and financial tea leaves is that the economy continues to grow at a sub-par pace (about 2%), just as it has for the past 8 years. I don't see evidence of a coming boom, or of an imminent bust... just more of the same. Dull. Here are a baker's dozen charts, with the latest updates, to flesh out the story:

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Welcome to the 4th Industrial Revolution – Welcome to 2020 & Beyond!

In 1998, Kodak had 170,000 employees and sold 85% of all photo paper worldwide. Within just a few years, their business model disappeared and they went bankrupt. What happened to Kodak will happen in a lot of industries in the next 10 years - and most people don't see it coming. Welcome to the 4th Industrial Revolution. Welcome to the Exponential Age.

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