Society

These expressions are no more than the hope that clever people somewhere else will figure out what to do… something that bitter experience surely says will not happen.

Once an imperial currency system has matured, it is easy to believe that “who controls money can control the world." But the system only works so long as industrial power continues to grow.

At the beginning of the century, the average 25-year-old was part of a couple raising children in their own home. In 2024, the average 25-year-old is living in their parent’s spare room.

You can’t have an energy transition without the steel to supply the wind turbine factories.

It is though, one thing to win elections. It is something quite different to successfully govern a country… even at the best of times.

As government (national and local) borrowing costs keep increasing even as the tax take continues to fall, so the ability to fund public services also declines.

The amount of currency in circulation is falling... and that isn’t a good thing, because it doesn’t mean that consumer goodies are going to be cheaper – rather, they are going to disappear entirely.

By “defy convention” and “democratise ocean exploration,” it turned out that Rush meant “use cheap materials” and “sell trips to the bottom of the ocean to rich chumps.”

The narrative itself is based upon a widely-accepted misunderstanding of technological progress which renders the current shittyness of any technology irrelevant.

With that sort of political firepower – controlling the allocation of billions of pounds of public funds – on its side, one might anticipate that Ely would be booming. After all, if such powerful political figures cannot even look after the people who elect them, then what good are they?