“Enormous forces are affecting the world, and we can't possibly overestimate their importance. These include demographic developments, climate change, digitalization and the rise of Asia. And then there's the most important one: the end of a life lived on credit. We must finally free ourselves from debt.” WorldImportantEndsForceDevelopmentImportanceClimateClimate ChangeCreditDebtEnormousAsiaDemographicsOverestimate Author:Paul Achleitner
“For more than 3,000 years, China and India accounted for half of the world's economic output. But then the Industrial Revolution gave North America and Europe 150 golden years. If you take the long-term perspective, our economic dominance has been more of an exception than the rule.” IfsWorldYearsLongHas BeensAmericaTermHalfEconomicRevolutionPerspectiveEuropeIndiaChinaGoldenLong TermExceptionDominanceNorth AmericaOutputIndustrial RevolutionChina And IndiaGolden Years Author:Paul Achleitner