“Any new financial order for the world must tackle the three chief challenges of our age.” WorldAgeOrderThreeChallengesFinancialChiefsBirthday60th Birthday Author:James Buchan
“The year 2008 was a reminder to those who had forgotten that there is such a thing as history and that the cycle of famine and feast in commerce, first identified in antiquity and well understood in the Middle Ages, was not suddenly abolished in modern times.” YearsFirstsWellsAgeModernMiddleUnderstoodForgottenCyclesCommerceRemindersMiddle AgesFamineAntiquityModern Times Author:James Buchan
“There are signs that the age of petroleum has passed its zenith. Adjusted for inflation, a barrel of crude oil now sells for three times its long-run average. The large western oil companies, which cartellised the industry for much of the 20th century, are now selling more oil than they find, and are thus in the throes of liquidation.” LongRunningAgeThreeCompanyCenturyIndustrySellsWesternAverageOilSellingBirthdayLong Runs20th CenturyThree TimesInflationCrudeBarrels60th BirthdayOil CompaniesPetroleumZenithCrude OilSelling More Author:James Buchan
