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Is An Annual GDP Growth Rate of 3% Realistic?

Posted on August 28th, 2017 by in Chemical R&D

Breakdown of the US GDP Components for the 2nd Quarter 2017 –Total figure is the annual estimate for 2017 (Source: Federal Reserve Bank of St. Louis, created with Datawrapper, by Investopedia, Aug 2017).

If you believe the highly advertised 3% GDP growth rate by the current Administration, you must read on.  Your instinctive reluctance is understandable.  A lot of people have turned sour on economic speak because of Allan Greenspan’s famous comment: Continue reading “Is An Annual GDP Growth Rate of 3% Realistic?” »

“Why China Can’t Innovate?”

Posted on November 22nd, 2016 by in New Materials & Applications

why cant china innovate

(Source: National Public Radio, www.NPR.com)

“Why China Can’t Innovate?” (Source: Harvard Business Review March 2014 issue). Another even more brutal headline appeared in the June 23, 2015 issue of Foreign Policy Magazine asking “Why Do Chinese Lack Creativity?”  Continue reading ““Why China Can’t Innovate?”” »