“It is unlikely that such revolutions will occur again in such a concentrated manner in the next few centuries.”
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Berlin Oil crises, dot-com bubble, global financial crisis: Charles Goodhart has experienced many economic lows in his 86 years of life. But the former British central banker and economist at the renowned London School of Economics now sees the toughest economic times ahead. This is mainly due to the fact that fewer and fewer employees have to provide for more and more pensioners. In Goodhart’s view, a problem for inflation – and prosperity.
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