We've so far been spared the snow that's sweeping the rest of the country but overnight the temperatures have fallen and become almost Grampian in intensity. All the locals are wearing bobble hats or those strange Peruvian affairs that I'm told are 'beanies'. If you think England panics over the snow then you should come to live in France - the news bulletins make it sound as though the end of the world is nigh. The obvious difference is that the French authorities have stockpiled enough grit to keep the roads open.
Interesting conversation last night highlighting just how quickly the world is changing. Ninety years ago 35% of the worlds population lived in North America or Europe. Today,that number has fallen to 17% and is likely to be just 12% by 2040. In terms of wealth, North America and Europe today produce 47% of global GDP a number forecast to fall to 28% within thirty years. The percentage of world output coming from the US,Canada and Europe will then be lower than it was in 1820 with 80% of production outside North America and Europe. No wonder schools are teaching Mandarin.