Fossil Fuel based growth has ended: This is the best place to learn about the future. In which localism prevails and power moves from the top-down to the grass-roots. Prosperity will decline and life will again be worth living.
All economic output (other than the supply of energy itself) is the product of surplus energy – whenever energy is accessed, some energy is always consumed in the access process, and surplus energy is what remains after the energy cost of energy (ECoE) has been deducted from the total (or ‘gross’) amount that is accessed.Tim …
Much has been discussed and written about why there is widespread denial of what is really happening. The UK is falling to pieces, but why? I wrote a piece in the Radix Think Tank in 2019. The UK and further afield are in denial – about everything which effects our lives, now and in the …
“The liberal international order is slowly coming apart. Its collapse could be sudden and irreversible… “For years the order that has governed the global economy since the second world war has been eroded. Today it is close to collapse. A worrying number of triggers could set off a descent into anarchy…” https://www.economist.com/leaders/2024/05/09/the-liberal-international-order-is-slowly-coming-apart
ChatGPT can be very useful in providing information about something about which I have a glimmer of knowledge. I was thinking about the massive role that diesel fuel plays in the economy. It enables stuff to be moved, large and small, near and far, especially home deliveries to country homes such as where we live. …
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 …
