image_pdfimage_print

The Wealth S-Curve That’s Driving Current Global Macro Trends

The graph above shows a logistic function that maps out a sigmoid curve… otherwise known as an S-curve. This function was popularized by mid-19th century scientist Pierre Francois Verhulst who applied it in his study of population growth. Verhulst found that population growth follows a certain S-curve. It grows at a steady state until it hits a certain point where it grows exponentially. This exponential growth sustains until the system hits a saturation point where it slows and eventually stops. The S-curve is one of those strange universal laws that shows up all over the place. Similar to how power […]

Read More

The Best Demographic Trends of the Century

Greece is not the place to be right now. Its citizens are capped out at $ 67 a day on the ATM. Its pensioners are pinching pennies. Its doctors are leaving in droves. Its long-term demographics are deplorable, making the chances for recovery more and more abysmal. It’s a nightmare! I’ve already explained that large-scale debt deleveraging will be one of the triggers that sends the global economy back into crisis. Now that Greece has defaulted on its $ 1.7 billion IMF payment, they’re looking more and more like the beginning of the end. If Greece kicks the bucket, it […]

Read More