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using my family's experience in WW2 a LOT of stuff was rationed ( bread , butter , salt , flour , petrol etc etc etc ) BUT those cashed up could buy black-market ( alcohol , panty-hose , meat cigarettes , etc etc )That sounds deflationary?
Dunno and don't really want to find out.using my family's experience in WW2 a LOT of stuff was rationed ( bread , butter , salt , flour , petrol etc etc etc ) BUT those cashed up could buy black-market ( alcohol , panty-hose , meat cigarettes , etc etc )
so which prices do you use the rationed goods ( with limited supply ) or black-market at 'free-market rates '
yes , but this time we would have to start manufacturing again ( which MIGHT be a good thing )Wars are expensive. Capital has to be diverted to warfighting. This wrecks everything else.
US Atlanta Fed now reporting GDPNow figure of -1.0%.
The Recession is here. Now we wait for it to be official.
Energy and commodity stocks down big time, which makes sense if market now trying to price in a recession.View attachment 143511
Could be -3% as easily as they have no real clue on inflation forecasts.
Trained crews could come from skilled migration from such source countries as India, China... maybe Ukraine.yes , but this time we would have to start manufacturing again ( which MIGHT be a good thing )
BTW have you remembered we are on the hook for 12 submarines and up to 100 F-35 fighters plus some assorted tanks i am wondering where we are going to get all these trained crews
but the main focus of war is to distract us from mind-numbing debt ( accumulated before-hand )
Trained crews could come from skilled migration
The transition to renewables seems to be going stellar.
or catastrophic ( since the free-market isn't controlling it )The transition to renewables seems to be going stellar.
Free market and control don't make sense in the same sentence.or catastrophic ( since the free-market isn't controlling it )
yes , and that is why catastrophe is possible .Free market and control don't make sense in the same sentence.
mostly because government governments NEED to control , you might find 'off-grid ' small scale projects might actually be practical , especially if battery tech improvesWithout subsidies even the miniscule amount of renewable we have now wouldn't exist.
"Green" energy is anything but green and anything but economical.
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