During a dark Crypto winter the stark truth becomes starker. Crypto coins are not all the same: some have utility. Some do not. Even if the utility is a favoured gambler status (for example the practically worthless Shiba Inu coin - currently worth $0.00000810 which is not very much. You can hold 1,000,000 of these …
Category: Economy
Religion and Extinction
We are different to any other species in that we have evolved what we call economics, science of extending survival. Or is it a massive inter-generational war that the current political generation are guilty of, increasingly responsible for causing environmental collapse. Why do we measure progress by growth? When we solve that one, and measure …
The Greenhouse Treaty
China and America have agreed to targets for reduction in greenhouse gas emissions by 2025 for America, and 2030 for China. On the scale of problems, China is a significant player, with a much larger population competing for resources as economic growth strides into the greener parts, its lungs, pollution is rife, significant and horrendous …
Todays comments
A few Disturbing Trends with our comments in The Guardian: 7 Aug 2014 Boris Johnson's bid for parliamentary return in 2015 leaves Tories divided The true blue conservative denies they are running until the finish line is in view, their competitors unprepared, relaxed and busy elsewhere can then make a huffing and puffing dash for …
Pollution
Pollution threatens all life. Man made pollution is the result of the industrial revolution and growth. Or it is the result of criminal expansionism? Pollution is the addition of artificial byproducts from unclean industrial activity to a natural environment, too often with unforeseen consequences, or worse, known but hidden consequences. One of the pollutants we …
Corporate Taxation
If Google, Apple, Amazon and other multinational corporations can operate in the UK declaring all corporate profits in low-tax Luxembourg, then all companies that operate in the UK should operate out of a Luxembourg headquarters. They have been set a precedent, which if not legislated against fairly could cause a revolution of sorts, businesses becoming …
Fracking Earthquakes
A series of earthquakes measuring up to 5.7 on the Richter scale, across Okalahoma, USA were triggered by injection of waste-water from fracking. The United States Geological Survey (USGS) issued a press release yesterday indicating that the magnitude 5.7 earthquake that struck Prague, Oklahoma in 2011 was unintentionally human-induced. The USGS claims that the magnitude …
The NSA and the Economy
President Obama told key members of Congress on Thursday that he was "open to suggestions" for reforming the National Security Agency surveillance programs that have embroiled his administration in controversy. Guardian article President Obama wants to pull back the NSA's far too extensive phone tap of the world and internet. It is uneconomic activity. American …
Change the Tide
A divergence between the balance sheet of the US Federal Reserve and the price of Gold has appeared and what is interesting about this is that this has not happened previously. Why? Does the massive large upward value of the assets of the Fed tracking gold showing this divergence mean the US has sold gold …
The secret of economic growth
Economic arguments polarise into Right vs Left arguments. How about recognition that our democracy allows change and adapting to the environment is what we need to do more of. What are we, the British public, doing to export more? Businesses need to take note that tax-haven economies are inherently unstable and can go belly-up. Governments …