Guy Foster, Head of Research at Brewin Dolphin, looks at some of the lessons learned from the credit crunch and what we can expect from the global economy in the years ahead.

Discussion points include:


- In many western countries, including the UK and Europe, we are going to see a higher old-age-dependency ratio


- The stage is set for a protracted period of declining economic cooperation between the US and China


- India should overtake China as the most populous country in the world over the next 10 years


- In 2008 Microsoft was the only company in the S&P 500’s top ten which would identify as being a technology company. Now it is joined by Apple, Amazon, Facebook and two classes of Alphabet (better known as Google).