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Cheaper oil will not boost global growth, says Moody’s
Cheaper oil will not boost global growth, says Moody’s Lower oil prices will fail to give a “significant boost” to global growth in the next two years, Moody’s has said. The ratings agency said any boost from cheaper oil would be offset by the eurozone’s economic woes as well as slowdowns in China, Japan and […]
Consumer Companies Issue Most Negative Guidance Ever, Despite Lower Gasoline Prices
Consumer Companies Issue Most Negative Guidance Ever, Despite Lower Gasoline Prices But the oil-price crash was supposed to goose consumer spending. The price of oil continues to crash relentlessly. WTI trades at $49.80 as I’m writing this on Monday after hours, down 5.5% for the day, and down 54% since June 2014. The oil-price plunge is eating […]
The Archdruid Report: Waiting for the Sunrise
The Archdruid Report: Waiting for the Sunrise. By the time many of my readers get to this week’s essay here on The Archdruid Report, it will be Christmas Day. Here in America, that means that we’re finally most of the way through one of the year’s gaudiest orgies of pure vulgar greed, the holiday shopping season, […]
My year without Amazon | Transition Network
My year without Amazon | Transition Network. Exactly a year ago today I wrote a piece on this blog called The day I closed my Amazon account. It set out why, and how, I had decided that Amazon was so at odds with my values that I was withdrawing my support for good. It turned out […]
oftwominds-Charles Hugh Smith: Do We Own Our Stuff, or Does Our Stuff Own Us?
oftwominds-Charles Hugh Smith: Do We Own Our Stuff, or Does Our Stuff Own Us?. The frenzied acquisition of more stuff is supposed to be an unalloyed good: good for “growth,” good for the consumer who presumably benefits from more stuff and good for governments collecting taxes on the purchase of all the stuff. But the frenzy […]
Buying Less Stuff Can Actually Make You More Happy | Carl Duivenvoorden
Buying Less Stuff Can Actually Make You More Happy | Carl Duivenvoorden. Tax time is never pretty, and for me last year was uglier than usual. By the measures of economics and Revenue Canada, I didn’t have a great 2013. But by the measures of sustainability and fulfillment, I had an awesome 2013. How could that be? […]
Six Myths About Climate Change that Liberals Rarely Question – Transition Milwaukee
Six Myths About Climate Change that Liberals Rarely Question – Transition Milwaukee. Myth #1: Liberals Are Not In Denial “We will not apologize for our way of life” –Barack Obama The conservative denial of the very fact of climate change looms large in the minds of many liberals. How, we ask, could people ignore so […]
Learning from Icarus
Learning from Icarus. A reflection on how making society more resilient may be worse than doing nothing at all. What if Icarus’ father—knowing his son would fly too close to the sun—had made the wings he designed more resilient? What if he had used bone and string and not just wax to bind them? Would this […]
A brief history of contemporary “consumerism” and anti-consumerism
A brief history of contemporary “consumerism” and anti-consumerism. History books usually study social movements of the second half of the nineteenth century from the point of view of the split between anarchists and Marxists. Both theories played an important role in debates of the great workers’ movements of the following century, and for a long […]
Inner Transition: Commit to Staying Awake | Transition US
Inner Transition: Commit to Staying Awake | Transition US. Will cities and states along the Mid-Atlantic coastline wake up in time? One drowsy regional eye opened during the September 2014 People’s Climate March; a brief but powerful awakened moment. The visual of400,000 people in New York City streets screamed public recognition of the intensifying dysfunction that precipitates climate […]
The Plastic Society – Moving Towards Plastic Independence
The Plastic Society – Moving Towards Plastic Independence. We all know about society’s over-consumption of plastic. We’ve heard again and again that it takes up to a millennia for plastics to bio-degrade (1), and consumers worldwide are using approximately 500 billion single-use plastic bags per year (2). And the issue of micro-plastic in our oceans […]
CHRISTMAS IN OCTOBER – DESPERATE MEASURES « The Burning Platform
CHRISTMAS IN OCTOBER – DESPERATE MEASURES « The Burning Platform. The desperation of retailers grows by the day. I head to Wal-Mart and Giant in Harleysville every Sunday morning at 7:00 am. to do my weekly grocery shopping. I go to Wal-Mart at opening to avoid the freaks we see weekly on the People of Wal-Mart […]
