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Kuehl: small factors have big impact on economy.

Publication: Metal Center News
Publication Date: 01-MAR-08 		Format: Online
Delivery: Immediate Online Access
Full Article Title: Kuehl: small factors have big impact on economy.(BUSINESS TOPICS)

Article Excerpt
"WHEN THE WINDS OF CHANGE BLOW hard enough, the most trivial things can turn into deadly projectiles." That was the opening slide, and theme, of economist Chris Kuehl's presentation to executives attending FMA's Toll Processing Conference last month in Orlando, Fla.

Kuehl, managing director for Armada Corporate Intelligence, delivered a presentation on the state of economic affairs "beyond the dollar and price of oil," highlighting the often-overlooked items that may loom large in the rapidly changing global economy.

To illustrate the strange new world we inhabit, Kuehl pointed to Iceland. The tiny island country in the North Atlantic has become the world's leading smelter of aluminum.

"You have Iceland emerging as one of the great aluminum smelting countries in the world, despite the fact there is no aluminum in Iceland and there are no customers in Iceland. All of the ore is hauled in by ship, processed and then taken out of the country. The only reason it has become a center for smelting is because it sits on top...

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