Actually, not only can a sovereign state go bust, but it has already happened… and to a modern state not so far from home.
Read More »There’s a big reckoning coming
While the bursting of the AI bubble will be Silicon Valley’s nemesis, in the UK it is in more mundane sectors that we are witnessing a crisis far more profound
Read More »Clueless
Fortunately, the promises of AI are about as realistic as programable central bank digital currencies… and for much the same reason
Read More »When was growth?
At least “drill-baby-drill” demonstrates some understanding that energy is, and always was, the driver of economic growth.
Read More »It isn’t (only) Labour
More cerebral commentators at least acknowledge that the British disease goes back much further than October’s budget or even the election of Boris Johnson.
Read More »It was always about the oil
In the early-2010s there was a perverse repeat of the oil boom of the post-war years.
Read More »An example of the problem
Nowhere is the current predicament facing the UK economy more apparent than in Britain’s once-thriving public houses
Read More »Or should it be FIVE Es and a C?
As industrial civilisation hurtles past limits, having decision makers largely illiterate about STEM subjects is as dangerous as Earth limits themselves.
Read More »Why is anyone surprised?
Like Katrina before it, Helene is an embarrassment to the American establishment...
Read More »The return of the cargo cult
In a neoliberal system, government itself has become a cargo cult
Read More »