Archives for

growth

Brexit, fracking and Einstein

"Watch how our politicians demonstrate Einstein's definition of madness - trying over and over again what has already failed - because they cannot grasp that the time is for degrowth - and a lot of sharing - rather than their insane attempts to grow more powerful at the expense of others in a disintegrating world." writes Brian Davey.

End of the Oilocene: the roar of the oil-fizzle dragon king

"Ireland’s policymakers exist in an insulated bubble; congratulating themselves on reducing the debt-GDP ratio and high employment due to the sleight of hand of low corporate tax rates, " writes Tim Clarke. He argues that Ireland is hugely vulnerable to a global financial crash triggered by net energy decline, coupled with rapidly rising extreme global debts and many other factors: "Talk of a 'Celtic Phoenix' excites dull short memories, and another property bubble is in the making."