Do discretionary and essential spending and markets apply to localism?

Question:  Will the concepts of discretionary and essential spending and markets apply in localism when the economy is based on families and extended families? ChatGPT Yes, even in a localism-based economy centred around families and extended families, the concepts of discretionary and essential spending and markets would still apply. Here’s how: Discretionary and Essential Spending: …

Banks Unwilling To Finance $5 Trillion Global Nuclear Development

https://oilprice.com/Alternative-Energy/Nuclear-Power/Banks-Unwilling-To-Finance-5-Trillion-Global-Nuclear-Development.html “The project risks, as we have seen in reality, seem to be very high,” said European Investment Bank Vice President Thomas Ostros, adding that countries need to focus more on renewables and energy efficiency. Ines Rocha, a director at the European Bank of Reconstruction and Development, and Fernando Cubillos, a banker at the Development …

Thinking about the future

When thinking about the future, the following facts have to be taken into account: The climate is changing and will continue to do so. Fossil fuels and derivatives will become increasingly expensive and unaffordable. The UK economy is shrinking and will continue to do so indefinitely. As a result: Prosperity is declining. Discretionary spending and …

We Need a Plan for the Transition to Renewable Energy

By David Fridley, Richard Heinberg, originally published by Independent Media Institute March 15, 2024 Radical societal transformation is inevitable; a plan could make a difference between catastrophe and progress. Introduction The transition to renewable energy is inevitable given the current climate crisis and the fact that fossil fuels are a finite resource. To make the …

By Steve Carrow: What would a wise community do?

Copied from un-Denial unmasking denial: creator and destroyer My premise is that at the global, nation-state, or even state level, the current hierarchical system is not capable of climbing down from overshoot, or anticipating and preparing for a lower energy, lower consumption future. Any efforts to prepare must be done at the personal, and then …

The Heart of Localism: Community Care

In a community, the care home should be a vital thread, weaving connections that bind neighbours, families, and individuals into a resilient fabric of support and compassion. At its core, localism will find a poignant expression within care homes, where relatives, neighbours, and residents come together in a shared journey of care and belonging. Localist …

We Have to Get Used to Disorganisation

Barry Cooper guides ChatGPT to write about “spontaneous order”. Disorganisation is how we see things at present from our top-down mindsets.  Maybe we are in a transition from the organised conditions of the industrial era to a fundamentally different era. According to Niall Ferguson   … the iconoclastic British political operative Dominic Cummings hypothesises that the …

23rd February 2024 Today’s Round-Up of Economic News

23rd February 2024 Today’s Round-Up of Economic News by Kali | Feb 23, 2024 World Bank: Emerging economies must grow ‘much faster’ to repay debt The World Bank warned that high borrowing costs have “changed dramatically” the need for developing nations to boost sluggish economic growth. The multilateral lender’s latest warning comes as international bond …

There Can Be No Plan

Indeed, there is enough evidence of how things are for anyone to see that the future will not be like the past. The economy is shrinking, hospitals, schools, roads and houses are collapsing, and the NHS is unlikely to recover. In the private sector, discretionary markets and organisations – retail and hospitality – are in …

Is World Population Peaking Now?

By Richard Heinberg, with permission, originally published by Resilience.org An Interview with Chris Bystroff A couple of years ago I read a paper titled “Footprints to Singularity: A Global Population Model Explains Late 20th Century Slow-Down and Predicts Peak Within Ten Years.” The banner finding of the paper—that world population is very close to peaking—seemed …

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