Current data shows that China and Asian countries are investing more in green energy than the US and Europe. In fact China is investing nearly twice as much as the US and so is Europe. This is as it should be. Economic and political power is shifting East and that is good for humanity. It …
Continue reading The World is leaning east faster, with green power.
Author:astraea
BT Notes – Spring!
Nearly every day reflections about things to say in this newsletter occur to me. But I find myself busy and so procrastinate another day. As the days grow longer important changes take place in home and garden – the heating bill goes down, the time children spend outside goes up. A few days ago we …
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The internet, like money, is used for evil as well as good.
It is sad news. The internet is facilitating trade in endangered species. I like the internet and I like nature, so it is painful to see that headline. Of course, the internet, like money, is not evil, but can be used for evil as well as for good. It reflects the values of the people …
Continue reading The internet, like money, is used for evil as well as good.
So civilised, that you’ll kill a man for €40 and a laugh.
Yesterday a French “reality” TV game show imitated the experiment by Stanley Milgram in which people off the street, ie you and me, electrocute another innocent person because they are told to by someone else. In the TV show 64 out of 80 contestants continued electrocuting (and smiling as they did so) until the man …
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The King’s New Clothes – Market abuse by fiduciaries unacceptably high.
It’s still the same old story. Despite economic recession, trillions of your euros, dollars, clams being spent to prop up the financial system, the prevalence of abuse by fiduciaries has not declined. Bankers, stockbrokers, insurance companies, the whole lot of them (except, of course, the few with integrity, like you – ha ha) continue to …
Continue reading The King’s New Clothes – Market abuse by fiduciaries unacceptably high.
Peak Oil – it’s here! The IEA confirms, unofficially
Discussion about Peak Oil heightened in the past decade as many proponents reckoned that the supply of fossil fuels is now being overtaken by use. The oil industry decries the claim suggesting that Peak Oil won’t happen for a couple more decades. In fact, as with the cover-up over the health risk of smoking, the …
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Repo 105 – it’s still out there.
A report on the Lehman Brothers bankruptcy came out today. It’s ancient history really, because to happened a year and a half ago. But it’s relevant today to remind us of the obfuscation that we endure from banks, politicians, the boss and others. Simply put, Lehaman fudged its financial performance by selling assets prior to …
Continue reading Repo 105 – it’s still out there.
Wikinvest
A kind of open blog on financial markets. Worth a browse. Wikinvest
FT/alphaville
A good source of opinion on financial markets. FT/alphaville
Asia-Pacific exchanges overtake Europe
The value of trading on stock exchanges in the Asia-Pacific region overtook that on European rivals last year as markets rallied in the wake of the credit crisis. Read the FT story here.