Enormous forces are affecting the world, and we can't possibly overestimate their importance. These include demographic developments, climate change, digitalization and the rise of Asia. And then there's the most important one: the end of a life lived on credit.… — Paul Achleitner Copy Share Image
For more than 3,000 years, China and India accounted for half of the world's economic output. But then the Industrial Revolution gave North America and Europe 150 golden years. If you take the long-term perspective, our economic dominance has been… — Paul Achleitner Copy Share Image
Germany's population is getting older and older and smaller and smaller. To be able to finance our welfare system over the long term, we… — Paul Achleitner Copy Share Image
Everything that individuals ever say or write can be used against them at a later point. — Paul Achleitner Copy Share Image
The heads of leading American universities say that if they selected applicants based on grades alone, their student bodies would be 100 percent Asian. — Paul Achleitner Copy Share Image
Since loans are getting more expensive and there's less money available, we're seeing a commensurate decline in growth. Higher costs and lower growth, in… — Paul Achleitner Copy Share Image
It's completely legitimate for a company to continue striving for growth and higher profits. But business activities have to be conducted in a sustainable… — Paul Achleitner Copy Share Image
Asia has an army of low-wage laborers to thank for its economic boom. — Paul Achleitner Copy Share Image
Debt is not intrinsically bad. But I make clear to my children that they should only borrow as much as they will be able… — Paul Achleitner Copy Share Image
The problem with our Blackberry society is that hardly anyone has time anymore to have an unhurried discussion about the long-term developments that will… — Paul Achleitner Copy Share Image
A Facebook message will never be able to replace face-to-face interaction. — Paul Achleitner Copy Share Image
Enormous forces are affecting the world, and we can't possibly overestimate their importance. These include demographic developments, climate change, digitalization and the rise of… — Paul Achleitner Copy Share Image
For more than 3,000 years, China and India accounted for half of the world's economic output. But then the Industrial Revolution gave North America… — Paul Achleitner Copy Share Image
Facebook and other social networking sites are bringing together spheres that used to be separate. People no longer have private and public lives; the… — Paul Achleitner Copy Share Image
