Thompson Private Letter for July 2015


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Contents

Opinion: Money and Power

Prediction: Glass ceiling showing cracks?

Application: Sludge Up

Investigation: If it walks like a sheet and quacks like a sheet...

Speculation: Downturn for recycling

Commendation: Now that's a lot of paper

Recommendation: An eye on China, automation ... and shrinkage

Conclusion: Another unpredictable perturbation