Economy

World oil production peaked in November 2018. Not that many of us noticed because the western states went insane in the spring of 2020 and have yet to restore any semblance of sanity

In a world without growth, old evils which we thought we had overcome will begin to return.

The problem was that the new generation – born in the years after the war – came to believe and expect that prosperity could only go in one direction.

It is insane to believe that a country which can neither make nor import steel can also be a world leader in constructing windfarms

A large part of the over-50s have simply disappeared from the employment figures entirely , and so can't be coerced.

The obvious absence of an alternative to oil should have been a cause for concern from the outset.

As the economy becomes as overtaxed as it is under-paid, people simply walk away.

Interest rates are not going to be cut just because of a “soft landing.” They will only be cut because the economy is in crisis.

We can expect the establishment media to talk up any and every fragment of positive economic news, while wilfully ignoring the negative, right up until the last vote has been counted.

Unlike the 1980s, when the UK had several advantages to grow its way out of the self-harm of the early-1980s, this time around Britain has only disadvantages.