World

Created
Sun, 09/06/2024 - 04:57
According to the dominant Western narrative, the history of the entire modern world has been prodigiously shaped by Western historical turning points beginning with the Renaissance and running through the Reformation, the Enlightenment and the science-driven, first Industrial Revolution. A recent, US-published book, “China’s Age of Abundance: Origins Ascendence and Aftermath” by Professor Wang Feng, Continue reading »
Created
Sun, 09/06/2024 - 04:58
The world economy is experiencing a deep process of economic convergence, according to which regions that once lagged the West in industrialisation are now making up for lost time. The World Bank’s release on May 30 of its latest estimates of national output (up to the year 2022) offers an occasion to reflect on the new Continue reading »
Created
Fri, 07/06/2024 - 04:54
In her work, ‘On Death and Dying’ Elisabeth Kübler-Ross wrote of the stages one goes through on being told one is dying. She called these ‘Five Stages of Grief,’ of adjusting to reality: denial, anger, bargaining, depression and acceptance. Such is descriptive of the attitude of much of the West to the rapidly changing world Continue reading »
Created
Wed, 05/06/2024 - 04:55
Since my last report, the All-Ords share price index rose by 3.2% from Friday 3rd May to Thursday 16th May, but then fell by 2.2% to Friday 31st May. But for a 0.9% uptick last Friday there would have been no gain in the last four weeks. Market trends My technical models show: On short-to-medium-term Continue reading »