There may be trouble ahead

The Harmonic Grid is forecasting an unsettled outlook for the global economy

Global equity markets are teetering on the edge of total collapse, as the US, the only real engine for world growth, grinds to a halt.


Stephen Roach of Morgan Stanley recently pointed out that the US consumer was responsible for 64% of the growth in the world's economy from 1995-2001. During this time, the entire world, and especially Asia, spent huge amounts on factories to supply seemingly infinitely-growing US consumption.


The massive global capacity overhang is the main problem. These

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here