PowerPoint slides of doom

Tue, 06/24/2008 - 5:44pm

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)

Blake Hounshell | Permalink | | Comments? Login or register
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Of course, this doesn't

by nquixote on Tue, 06/24/2008 - 5:13pm
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.