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Green technocracy’s dirty secret

Green technocracy’s dirty secret Germany is in trouble.  The IMF has revised its projected growth figures down to just 1.2 percent for 2022.  Even this may prove to be optimistic now that gas imports from Russia have dropped to just 20 percent of what was anticipated prior to the EU sanctions.  With autumn approaching, German industry is anticipating […]

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Bigger than you can imagine

Bigger than you can imagine  One of the problems with claims that our situation is “just like the 1970s,” is that very few adults of the period are still around to share the memory.  Those of us who were children at the time have only memories distorted through the lens of childhood innocence.  I, for […]

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The great unravelling

The great unravelling Real life Bond villain Klaus Schwab has become the focus of ridicule following crude attempts to remove articles praising Sri Lanka’s “Vision 2025” economic plan from the World economic Forum (WEF) website – the world’s leading proponent of the hi-tech fourth industrial revolution apparently not realising that nothing ever disappears from the internet. Sri Lanka was supposed […]

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The age of dissonance

The age of dissonance As the surplus energy available to the economy declines, so the number of things that we can do in theory but can no longer do in practice will grow.  This is the inverse of the technological efficiencies won in the course of three centuries of industrialisation – the peak of which […]

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Walking backward into the storm

Walking backward into the storm Are we in a recession?  It is an interesting question because nobody can know for sure.  A recession is defined as two successive quarters of negative growth.  Okay, but how do we know if, in the quarter we are in, the economy is shrinking?  Again, we cannot know this.  This is because the latest […]

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This time really is different

This time really is different The UK may have avoided a technical recession – two successive quarters of negative growth – in the first half of 2022, but a year from now this will be of little comfort.  This is because – despite the protestations of the US Bidon administration – the downturn in economic […]

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Imperialism in bright green

Imperialism in bright green The human ability to disconnect from and deny geopolitical reality lies at the heart of the “green” net-zero project.  Most obviously, those – like the current UK Prime Minister – who claim victories along the road to the Nirvana of net-zero must maintain blindness to the way in which the UK […]

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The devil is in the detail

The devil is in the detail If you get your news from the BBC, you might be forgiven for thinking that the economic hit from the pandemic lockdowns and restrictions has come to an end.  Indeed, if you merely skim through the headlines in your social media feed, you might believe that the UK is […]

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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, […]

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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 […]

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It’s okay to look up

It’s okay to look up I am told I should look into filing a copyright claim against the Netflix movie Don’t Look Up, since I wrote a version of it in my 2015 book, The Consciousness of Sheep, and for exactly the same reason: “We’ve all seen this movie before: A giant asteroid is heading straight for […]

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This economy is going down

This economy is going down UK gas prices have fallen back this week – although they are still some 400 percent higher than at the start of 2021.  And the reasons for the fall in price should not breed complacency.  First, the arrival of a south-westerly airflow off the Atlantic has finally begun to spin […]

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The hidden recession of 2020

The hidden recession of 2020 After 20 months of economy-wrecking lockdowns and restrictions, 2019 is fondly remembered as a period of prosperous calm.  Memories though, are deceptive.  And in the days before we learned what gain-of-function meant, things were not as rosy as they now seem.  Although the decade 2009-2019 was officially one of the […]

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In Brief: Fracking back, new weather warnings, lockdown by any other name

In Brief: Fracking back, new weather warnings, lockdown by any other name Fracking back Anti-fracking campaigners like to flatter themselves by claiming that it was their protests which finally brought UK fracking to an end.  The reality though, is that the price at which UK shale gas might be recovered was far higher than the […]

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The UK energy rationing plan

The UK energy rationing plan The establishment media are suspiciously silent about the energy crunch facing Europe in general and the UK in particular.  In October, when the wholesale gas price spiked at 400 percent above its January 2021 level, energy prices were headline news.  So too was the sight of energy supply companies falling […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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