Französischer Denker: „Im Westen geht ein historischer Zyklus seinem Ende entgegen“ - WELT

Le statut de la vieillesse a changé. Dans les civilisations traditionnelles, les vieillards sont les « anciens » qu’on respecte, dont on reconnaît l’expérience et la sagesse. Mais les conditions contemporaines (techniques, économiques, sociales) de la civilisation occidentale dévaluent l’expérience du passé ; les connaissances acquises par les anci

The socioeconomic cycle shifts about every fifty years and alters the dynamic of the American economy and society.

If we think in term of months, we had probably focus on immediate problems such as the turmoil in the Middle East, the refugee crisis in Europe and the slowing of the Chinese economy. If we think in terms of decades, then global warming, growing inequality and the disruption of the job market loom large. Yet if we take the really grand view of life

As we will see, whether you call it the Great Recession or the Great Financial Crisis, what we are in is not a typical business cycle recession. It is a balance sheet recession. It is the end of the debt supercycle that started more than 60 years ago. The recovery time in much of the developed world is going to be measured not in months but in year

By 2040, 60 percent of Level 4 consumers will live outside the West. Yes, I think the Western domination of the world economy will soon be over.