Category Archives: Economics

Too much trust in the wrong government experts?

“When all this is over we’re going to look back and see who has had a good war and who has had a bad war; who called it right, who covered themselves in glory, who showed themselves to be an hysterical bedwetter, who placed too much trust in the wrong “experts”, and so on.” click here

Public health cannot be protected in a failing economy…time to open for business

“The question faced by our elected officials, starting with the President and the nation’s fifty governors, is how much longer can they shut down the economy to fight this insidious virus, and is it prudent to continue this way? “ click here

Time to reconsider the COVID-19 shutdown?

“Financial markets paused their slide Thursday, but no one should think this rolling economic calamity is over. If this government-ordered shutdown continues for much more than another week or two, the human cost of job losses and bankruptcies will exceed what most Americans imagine. This won’t be popular to read in some quarters, but federal and state officials need to start adjusting their anti-virus strategy now to avoid an economic recession that will dwarf the harm from 2008-2009.” click here

What will be the cost of a great depression?

“Federal and state governments are making a massive gamble about a little-understood new virus. They may not only be betting our entire economy, but our nation’s future. Thus it’s imperative that they not make foolish choices.” click here

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Coronavirus recovery depends on building a stable economic base

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Big business adopting net-zero policies are saying “We’ve made our $million and $billions on fossil fuel, but no one else can”

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“Pledging “net zero” by 2050 to achieve compliance with the Paris Agreement on climate change is all the rage in the corporate world. BP has announced that it will be a net-zero company – that is, maintaining a balance between emissions produced and emissions taken out of the atmosphere – by the designated date. During its “Beyond Petroleum” days in the 2000s, BP made massive bets on renewable energy, ending in large write-downs in 2011. The lesson: An oil company doesn’t become a renewable-energy company.” click here

Electric vehicles are unsustainable

“EV’s are hyped as being pollution free. Well, not necessarily so. Its true EV’s have no tailpipes, but the tailpipes are located at the power plants generating the electricity to charge the cars batteries, and at the refineries that provide all the derivatives from petroleum that make all the parts of the EV’s.” click here