World Economy: The Only Certainty is Uncertainty!

By: Ian Campbell | Thu, Jan 24, 2013
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In a a recent article titled Companies Prepare for Future that Can't Be Predicted, subtitled 'A Generation of Uncertainty' discusses the question of economic uncertainty on a number of levels. Relying primarily on interviews with senior German CEO's, the authors suggest that:

To the extent world and country specific economic uncertainty today is greater than it was at least perceived to be pre-2008, that means:

Interestingly, the authors of the referenced article take a serious 'shot at the bows' of economic analysts, who they say:

If you read this Newsletter regularly, you will know I continue to believe that most 'technically trained economists' seem to believe they can use historic economic data to predict what will happen economically going forward. This, in what I think to be to borrow a phrase 'a brave new world', where I don't believe such an approach currently makes sense.

Companies Prepare for Future that Can't Be Predicted is one article I recommend you take the time to read and think about.

Topical Reference: Companies Prepare for Future that Can't Be Predicted, from Spiegel Online, Dietmar Hawranek, Martin Hesse and Alexander Jung, December 31, 2012 - reading time 4 minutes



Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
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Through the Economic Straight Talk Newsletter Ian R. Campbell shares his perspective on the world economy, the financial markets, and natural resources. A recognized business valuation authority, he founded Toronto based Campbell Valuation Partners (1976), Stock Research Portal (2007) a source of resource companies market data and analytic tools, and Economic Straight Talk (2012). The CICBV* annually funds business valuation research in his name**. Contact him at
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