The Economic Future of the West
For a recent podcast, I interviewed the IEA’s Steve Davies about the economic future of the West. In short, he’s not optimistic – at least regarding the next one to two decades. And you can understand why, looking at this map of European electricity prices:
We cover issues such as: why the price of oil needs to remain high; why the EU is stuck between a rock and a hard place; why energy sanctions against Russia are self-harming; and why nuclear energy is not a panacea.
Steve is really good at explaining complex economic ideas in simple terms, and he always sticks to the facts. Worth listening to in full.
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At those prices (about £500 per MWh) it works out at about £3 per shower, let alone the cost of heating the house.
I fear that people don’t have a clue about how this will impact upon their expectation of living a civilised life.
(My grandparents would have a bath once a week and were used to having lukewarm baths (at best) on most occasions — it looks like we’re going to be forced to do the same)
I’m expecting an article from Fraser Nelson in a couple of years time declaring that the government had assured us that the pros and cons of net zero and embarking on economic war against Russia had been weighed up and that it’s a shock to us all when a government minister he is trying to rehabilitate tells us there was no cost benefit analysis done (and the brave minister tried to say something but was frozen out.)
We seem to be in some sort of neo-feudal era in which a predatory class (to borrow Delingpole’s phrase) whimsically embark on costly crusades confident that the plebs will just suck it up and bear whatever cost or indignity comes from it.
As a gym member i’ll be keeping my subscription going as it will probably be worth my while to sit in the hot tub as much as possible and take my showers there.
Noah,
It’s a planned collapse to foment a violent reaction from the population to give them the ‘excuse’ to bring in martial law. Sir Graham Brady said in a meeting with John O’Looney among others in October 2021 that a violent uprising from the public is expected, planned for & that they’re ready to deal with it.
This is all to bring about the NWO
That’s why the young men are being shipped across the Channel.
The idea that young men would be shipped accross the channel is a convenient illusion of our clueless ruling classes. The reality is that young men are coming across the channel and that they still come in fairly small groups and without arms is probably a transitory phenomenon. It’s really a new Völkerwanderung and our non-reproducing owners of proud sex lives are the new Romans going to be pushed from their thrones by it.
Oh the irony ppl freezing to death, if we have a cold winter, during this supposed climate emergency.
Yesterday, Thames Water formally announced its hosepipe ban for Berkshire. Today, about 4cm of rain fell within a couple of hours (in Reading). There are a lot of very ironic moments inherent in someone basing justifications for policies he’d like to see implemented on predictions about the weather, especially, if these predictions predict radical changes of how the weather usuall works out (as in autumn approaching — increasing rainfall).