PowerPoint slides of doom

Posted By Blake Hounshell Tuesday, June 24, 2008 - 5:44 PM Share

Jeff Rubin, chief economist at CIBC World Markets, a top Canadian investment bank, has put together a fascinating PowerPoint presentation (ppt) on "The Age of Scarcity." Here's one slide that illustrates the astonishing rate at which the world is decreasing its reliance on the U.S. economy:

(Hat tip: Paul Kedrosky)

EXPLORE:ECONOMICS, GLOBALIZATION

(1)

HIDE COMMENTS LOGIN OR REGISTER REPORT ABUSE

NQUIXOTE

5:13 PM ET

June 24, 2008

Of course, this doesn't

Of course, this doesn't illustrate how much less dependent these regions really are. Because we don't know how much of these exports are intermediate goods and how much are final goods, we don't know the size of the "multiplier effect" that a slowdown in the U.S. would cause in these other countries.

Passport, FP’s flagship blog, brings you news and hidden angles on the biggest stories of the day, as well as insights and under-the-radar gems from around the world.