Friday , September 17 2021
Home / Economy (page 2)

Economy

Both of these stories can’t be true

Yesterday I wrote about the way a lack of short-term stability was impacting the economy.  Because of the lack of a defined end state for the pandemic and as a result of the ongoing threat of further government lockdowns and restrictions, businesses cannot make investment decisions and households cannot decide …

Read More »

How to ruin your economy

Fifteen months ago, those of us who cautioned against a blind rush to lockdown the economy were accused of “putting profits ahead of people’s lives” (I am in the at-risk, “shielding group” by the way). Today, the early manifestation of the economic crisis we warned about is appearing in the …

Read More »

You’ll own nothing and you’ll be f**!ing miserable

A year ago, with the jet stream firmly to the north of us, the future looked bright.  Lockdowns had an “off school early” feel to them, as millions of non-essential workers were sent home either to work via the internet or to spend their days binge-watching Netflix.  Just the fact …

Read More »

When the bill falls due

Back at the beginning of the pandemic, anyone who cautioned against a widespread lockdown was accused of putting corporate profits ahead of human lives.  And in the UK at least, public support for lockdowns as a means of safeguarding the vulnerable has remained solid to this day.  Nevertheless, and despite …

Read More »

A crisis of profitability

The trouble with “common sense” is that it is wrong more often than it is right.  And today’s common sense – based on the experience of the 1970s – is that the massive volume of currency printed into existence in response to the pandemic is about to erupt into an …

Read More »

About those chickens…

When you see the same story repeated, almost verbatim, across the establishment media, you can be sure you are dealing with some kind of soft propaganda.  No, this is not some kind of conspiracy theory.  It is merely the observation that in the era of social media, traditional news outlets …

Read More »

Signs of things to come

What do the gig economy, European football, and thefts from cars and churches have in common?  At face value, very little; but each, in their way provides a warning sign of how our economy will attempt to respond to the growing crisis of surplus energy. For those readers not familiar with …

Read More »

A dangerous misunderstanding

The everything pin

How much money should there be in the world?  It is an interesting question; to which, at any time, there is a correct answer that is unknown to anyone.  It is the amount at which money is able to perfectly perform its two key functions – being a medium of …

Read More »

Let our woes begin…

Today is open up day for the beleaguered folk of the UK.  Non-essential shops, pub and restaurant gardens and children’s indoor activities are all open for the first time since Christmas.  And the media narrative that accompanies this new stage of the pandemic response is that the economy is poised …

Read More »

Reflecting on stupidity

The 2009 docudrama, The Age of Stupid, is set in a post-apocalyptic 2055 where narrator Pete Postlethwaite is the sole survivor of the ravages of climate change.  London is under water.  Sydney is permanently ablaze.  Las Vegas has all but disappeared beneath the desert sands.  The Alps no longer witness …

Read More »