Home » Economics (Page 92)
Category Archives: Economics
Limits to Green Energy Are Becoming Much Clearer
Limits to Green Energy Are Becoming Much Clearer We have been told that intermittent electricity from wind and solar, perhaps along with hydroelectricity, can be the basis of a green economy. Things are increasingly not working out as planned, however. Natural gas or coal used for balancing the intermittent output of renewables is increasingly high-priced […]
Fed Rate Hike Will Cause Hyperinflationary Great Depression – John Williams
Fed Rate Hike Will Cause Hyperinflationary Great Depression – John Williams Economist John Williams says the economy is in deep trouble, and the Fed knows it. Williams says the Fed talking up “robust economic growth” that is causing inflation is “nonsense.” Williams explains, “The one thing that is not causing inflation is ‘robust economic growth.’ […]
A 50-Percent Decline Will Only Be A Correction
A 50-Percent Decline Will Only Be A Correction A 50-percent decline will only be a correction and not a bear market. I know. Right now, you are thinking, how could anyone suggest a 50-percent decline in the market is NOT a bear market. Logically you are correct. However, technically, we need an essential distinction between […]
Welcome to the age of cuts
Welcome to the age of cuts The UK government faced a barrage of criticism over its National Insurance hike this week. The tax – which theoretically pays for public services, pensions, and benefits – was in creased last autumn, before the political class became aware of the massive increase in gas and electricity prices coming later this year. However, […]
Days of reckoning
Days of reckoning Here’s something which will likely be universally unpopular: The government shouldn’t do anything to subsidise energy prices. I say this in the face of a £700 or so increase on annual bills announced today. And this is just the beginning, because, as Nils Pratley at the Guardian points out, when the price cap is raised again […]
#221. Strategies for a post-growth economy
#221. Strategies for a post-growth economy PART ONE: BUSINESS IN A NEW ERA Under current conditions, it’s increasingly hard to understand why the inevitability of economic contraction remains so very much a minority point of view. Many of us have long understood why past growth in material prosperity has gone into reverse. Here, with the SEEDS […]
Largest UK Supermarket Warns “Worst Has Yet To Come” Amid Food Inflation Crisis
Largest UK Supermarket Warns “Worst Has Yet To Come” Amid Food Inflation Crisis Britain’s largest supermarket chain warned “the worst is yet to come” on food inflation as the cost-of-living crisis pulverizes the working poor. John Allan, chairman of Tesco Plc, told the BBC’s Sunday Morning Live that low-income households have difficulty choosing between food and heat this winter. […]
The End of Free-Lunch Economics
STEFANI REYNOLDSAFP via Getty Images The End of Free-Lunch Economics Since the global financial crisis, and particularly during the COVID-19 pandemic, fiscal and monetary policymakers have operated as if there are no tradeoffs to their expansionary policy programs. Now that economic conditions have changed, they may soon have to relearn old lessons the hard way. […]
Fossil Fuel Companies Received $5.9T in Subsidies Worldwide
Fossil Fuel Companies Received $5.9T in Subsidies Worldwide Fossil fuel subsidies shield us from the real price at the pump Oil Refinery at Night 2020 was a banner year for fossil fuel subsidies worldwide propping up the world’s oil companies with $5.9T in subsidies according to the International Monetary Fund. Conservative estimates put US subsidies to oil companies […]
“I’ve Never Seen A Market Like This”: Goldman Sees Shortages Of Everything, “You Name It, We’re Out Of It”
“I’ve Never Seen A Market Like This”: Goldman Sees Shortages Of Everything, “You Name It, We’re Out Of It” It’s probably not the endorsement Biden’s flailing administration wanted. In a time when social networks have been swamped with photos of empty shelves from across the nation, Goldman’s head commodity strategist and one of the closest-followed […]
David Hunter: S&P to Meltup 40%, Then Crash 80%
David Hunter: S&P to Meltup 40%, Then Crash 80%
Prepare Yourself, This is Getting Serious
Prepare Yourself, This is Getting Serious https://youtu.be/N2hYVtoneaY
Potemkin Economy: Costs & Consequences
Potemkin Economy: Costs & Consequences A Potemkin economy has lured the Fed, economists, and Wall Street analysts into a potentially dangerous assumption of economic normalcy. However, with a review of how we got here, we can better understand the costs and consequences of monetary interventions. “In 1783, after the Russian annexation of Crimea from the Ottoman Empire and the […]
“The System Is Broken”: Boots-on-the-Ground View by a US Manufacturer on the Supply Chain Chaos
“The System Is Broken”: Boots-on-the-Ground View by a US Manufacturer on the Supply Chain Chaos “We are simply limited to what our suppliers tell us we can have. It really isn’t supposed to work this way!” For what seems like a long time now, Wolf Street has been discussing the apparently never-ending shortages that US […]
Which Global Risks Have Worsened During The Pandemic?
Which Global Risks Have Worsened During The Pandemic? Each year, the World Economic Forum (WEF) puts together its Global Risks Report, an analysis of the top risks that pose a threat to the world. The report includes data from nearly 1,000 surveyed leaders, across various organizations and regions. In this year’s report, respondents were asked which global […]
