Established narratives vigorously resist change. Because mythology and values rest at the heart of most narratives, empirical evidence, especially data or forecasts that threatens bunkered narratives, is ignored. This investment firm maybe off in regards to the timeline, but their basic message should’t be dismissed.
The global oil industry’s foundation of ever-expanding demand will probably crumble and that may hurt profits sooner than expected, according to a London fund manager. Read the full article >