asterisk2a + 2014 + public   28

In the loop October 2: Flemish separatism, F1 and the Juncker plan by POLITICO Europe
min 17 - behind-the-scenes fight in the European Parliament over the appointment of top managers for the so-called Juncker Plan: a €315 billion EU investment plan. // threat of White Elephants, roads and bridges to nowhere ... only politicians can put themselves in front of photojournalists for photo op. no productive investments into the future. renewable, smart grid, private public paternerships, carbon emission reduction projects ie urbanisation planning projects to half city traffic and put cycling network in place, and zero emission public transportation, ... --- no accountability, no oversight no transparency. risk of corruption, bribery, dirty handshakes, ...
European  Union  technocrat  bureaucrat  Jean-Claude  Juncker  infrastructure  investment  STEM  Research  R&D  underinvestment  fiscal  policy  Pact  fiscal  stimulus  public  investment  business  investment  Schuldenbremse  Politics  Career  Politicians  No  Representation  Brussels  European  Parliament  European  Election  2014  European  Commission  Eurobond  PIGS  PIIGSFB  Richard  Koo  secular  stagnation  Niall  Ferguson  Germany  Angela  Merkel  Wolfgang  Schäuble  Eurogroup  austerity  Grexit  business  confidence  consumer  confidence  excess  reserves  zombie  banks  zombie  corporations  zombie  consumer  ECB  QE  TLTRO  LTRO  monetary  policy  monetary  transmission  mechanism  monetary  stimulus  liquidity  trap  ZIRP  NIRP  corruption  ideology  dogma  campaign  promises  White  Elephant  productive  investment  productivity  Makers  policy  folly  social  contract  political  theory  accountability  transparency  oversight  2015 
october 2015 by asterisk2a
UK businesses should highlight upsides of staying in the EU, says pressure group | Business | The Guardian
Rudd was responding to a report in the Financial Times (paywall) suggesting that David Cameron and his advisers are urging business leaders not to speak out in favour of the country remaining in the EU for fear they will damage the prime minister’s sensitive negotiations. [ // in the office for the sake of being in office ] [...] However, the prime minister’s team is concerned that if business speaks up in favour of remaining in the EU, it could hamper the renegotiation process. Sajid Javid, the business secretary, has already rebuked the CBI for its enthusiastic stance. Mathew Elliott, the head of Business for Britain and the founder and former chief executive of the Taxpayers’ Alliance, is also set to launch a business no campaign within the next few weeks, so yes campaigners are reluctant to give him an open field. [ not very democratic ]
David  Cameron  PR  spin  doctor  Career  Politicians  Brexit  Tories  Conservative  Party  general  election  2015  UKIP  Rechtsruck  European  2014  Toff  Privileged  Establishment  public  debate  public  discourse  democracy  social  contract  political  theory  election  campaign  promises 
september 2015 by asterisk2a
Six takeaways from the Danish elections
Rechtsruck  Rechtsextremismus  right-wing  immigration  Europe  Protest  Partei  Protest  Party  Zivilgesellschaft  gesellschaft  Sozialer  Abstieg  2015  squeezed  middle  class  welfare  state  Public  Services  austerity  Social  Services  political  economy  European  Union  GFC  recovery  bailout  toobigtofail  too  big  to  jail  TBTF  fairness  populism  propaganda  dogma  Nationalism  protectionism  symptom  European  Election  2014  antisemitism  Antisemitismus  racism  Xenophobia  solidarity  PIGS  sovereign  debt  crisis  Career  Politicians  No  Representation  policy  error  policy  folly  short-term  thinking  short-term  view  political  folly  AfD  NPD  UKIP  Fiscal  Pact  Schuldenbremse  Angela  Merkel  Leadership  vision 
june 2015 by asterisk2a
John Ralston Saul: Moving Beyond Globalism - YouTube
Deregulators & the people behind intellectual cleansing (ie Larry Summers vs Elizabeth Warren back in deregulation time of Clinton&Bush No. 2), have to be held responsible; economic thought; model, thinking, trickle-down, globalisation, no oversight & consumer protection // capitalism & globalisation are not self limiting // GFC is a symptom, Oil crisis in 70/80s, dot.com, world com, enron // globalisation (trade) doesnt solve growth problem // London banking is soufflé with no hard items (no real wealth creation within economy (income growth)) // shift money to who will spend it (re:bailout) // banks & rootless tax evaders global corps have no shared economic interest // "the globalist model" will work everywhere else, according to the IMF/World Bank, democracy will work in the Middle East. said the same people from the same school of thought // globalisation created oligopolies, not more competition! // climate change=investment w ROI // AfD=symptom // added value, no comp on price
GFC  recovery  Wall  Street  crony  capitalism  corporate  culture  corporate  governance  corporatism  trickle-down  economics  globalisation  globalization  economic  model  economic-thought  economic  history  economic  cycle  economic  growth  income  growth  Super  Rich  1%  Gini  coefficient  western  world  No  Representation  Career  Politicians  bailout  gesellschaft  social  tension  social  cohesion  Bank  IMF  austerity  neoliberal  neoliberalism  neoconservatism  neoconservatives  duopoly  oligarchy  oligopoly  oligopol  policy  folly  policy  error  Makers  lobbyist  lobby  Lobbying  revolving  door  populism  propaganda  AfD  UKIP  Protest  Partei  Protest  Party  European  Election  2014  society  Debt  Super  bubble  bond  bubble  jubilee  restructuring  haircut  sovereign  crisis  monetisation  monetization  consumer  household  debtoverhang  private  public  Fiscal  Pact  Schuldenbremse  Angela  Merkel  Wolfgang  Schäuble  intellectual  honesty  climate  change  pollution  value  creation  added  value  middle  class  income  distribution  disposable  income  income  mobility  social  mobility  education  policy  vocational  education  practical  skills  practical  skill  set  differentiate  differentiation 
may 2015 by asterisk2a
As a jobcentre adviser, I got ‘brownie points’ for cruelty | Mary O’Hara | Society | The Guardian
"We are all in this together." << yea right. We just don't have a lobby like Canary Wharf and Fortune500 companies. // A demonstrable shift took place once the coalition settled in, says Neville. Along with “relentless” targets, huge caseloads, and less time to spend with individual claimants, she lists the increasing complexity of the system including the many and very complicated forms that needed to be filled in and problems with the fitness to work test administered by Atos. “It used to feel like we were doing something for clients, now it was [doing something] to them,” she says. Things were made all the more difficult, ...
welfare  state  welfare  Liberal  Democrats  Conservative  Party  social  safety  net  Politics  austerity  general  election  2015  social  cohesion  ethical  machine  child  poverty  poverty  in  old  age  poverty  food  poverty  David  Cameron  George  Osborne  Toff  Establishment  Privileged  Super  Rich  1%  No  Representation  Career  Politicians  Protest  Party  Protest  Partei  European  2014  UKIP  SNP  education  policy  Services  Public  Services  Banks  NHS  policy  folly  policy  error  Makers  tax  evasion  tax  avoidance  tax  code  loopholes  Lobbying  lobbyist  lobby 
february 2015 by asterisk2a
Monitor - Nationalistische Kleingeister So viel 19. Jahrhundert...
Klar: Wohlstandsversprechen allein werden es nicht richten. Erst wenn die Benachteiligten spüren, dass sie aufschließen können und wenn wir Profiteure wirklich bereit sind zu teilen, wird der europäische Gedanke die nationalistischen Kleingeister wieder in ihre Flaschen zurück drängen. Ein frommer Wunsch? Mag sein. Aber was wäre die Alternative? + !!! + Jon Snow from Channel4 in Response to apparent NO Vote Campaign Win - "The scale of YES and NO participation in Scotland's referendum sends a powerful message to westminster: Address the UK's democratic deficit." ( https://twitter.com/jonsnowC4/status/512821896484630529 )
European  Election  2014  UKIP  AfD  NPD  No  Representation  social  mobility  Bailout  income  mobility  Public  Policy  fairness  accountability  oversight  transparency  Policy  Makers  Career  Politicians  Toff  Establishment  Elite  Europe  Germany  UK  Democratic  Process  democracy  France  communication  language  inequality  Gini  coefficient  education  fiscal  monetary  economic  history  extremism  radicalism  Politics  crony  capitalism  exploitation  flat  world  globalisation  globalization  competitive  poverty  babyboomers  poverty  in  old  age  child  poverty  disenfranchise  disenfranchised  Scottish  independence  referendum  Scottish  Scotland  disillusionment  authentic  authenticity  participation  rate  participation 
september 2014 by asterisk2a
BBC News - UK jobless rate falls to lowest level since 2008
avg weekly earnings still lagged way behind inflation. Excluding bonuses, avg earnings in the May to July period rose by 0.7% from a year earlier; including bonuses, they rose by 0.6%. The current rate of inflation is 1.5%. Last month, the Bank of England halved its forecast for average wage growth in 2014 to 1.25%, leading some commentators to believe it is under little pressure to raise interest rates any time soon. [...] Labour's shadow employment minister Stephen Timms said: "Today's fall in overall unemployment is welcome, but the new figures have shown working people are seeing their pay falling far behind the cost of living. "Pay excluding bonuses today is the lowest on record. Under this government wages after inflation have already fallen by over £1,600 a year since 2010 and by next year working people will have seen the biggest fall in wages of any Parliament since 1874." +due 2lack of job security, people arnt asking 4 meaningful raise. service econ jobs dominate recovery!
UK  recovery  slack  labour  market  wage  growth  living  wage  wage  stagnation  inflation  disposable  income  living  standard  cost  of  living  standard  of  living  squeezed  middle  class  working  poor  minimum  wage  2014  economic  history  output  gap  productivity  Lohnzurückhaltung  fear  GFC  job  security  precarious  work  Precariat  Services  Industry  service  economy  service  Public  Policy  industrial  manufacturing 
september 2014 by asterisk2a
Wirtschaftskrise: Deutsche Wirtschaft mit starkem Export ist anfällig - SPIEGEL ONLINE
Typischerweise produzieren dominante ökonomische Narrative zuerst Illusionen und dann große Probleme. Wo eine Geschichte von Marktteilnehmern, Regulierern und Beobachtern vorbehaltlos akzeptiert wird, ist der Boden bereitet für Irrtümer, die uns am Ende Kopf und Kragen kosten können, wie ich meinem neuen Buch argumentiere. >> Die Politik des billigen Geldes verzerrt die Wirtschaftsstrukturen .... - die deutsche Wirtschaft unterfinanziert & Dass die Politik des ultrabilligen Geldes die Wirtschaftsstrukturen verzerrt, auch hierzulande. [CreditCrunch/transmission mechanism broken/hunt for yield/betongold/no-investments] +++ die Digitalisierung auch die produktionslastige deutsche Wirtschaft fundamental durcheinanderwirbeln wird. [Year of Code/Education Policy/Human Capital - high ed imigrants/Mobile Creatives/Share Economy] +++ Spiegel 37/2014 "Deutschland der Scheinriese" Cover Story
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september 2014 by asterisk2a
Stephanie Hare on the UK economy - Newsnight - YouTube
>> how many jobs have been lost regarding to banking in london and adjoining businesses ... thousands. thousands of hours of productivity gone (high charges for the hours). forever. = productivity and output gap || and how many times had osborne now moved forward expected savings and targets in time ... every year. || it will not get better as they travel (still) on the same path that leads to nowhere safe. still heading to the cliff. same direction. same speed.
secular  stagnation  flat  world  UK  living  standard  cost  of  living  wage  stagnation  minimum  wage  living  wage  working  poor  squeezed  middle  class  exploitation  wages  productivity  output  gap  Mobile  Creative  Mobile  Creatives  service  economy  service  industry  Services  economics  economic  history  academia  academics  BOE  fiscal  policy  monetary  policy  Mark  Carney  Public  knowledge  worker  workless  underemployed  employment  Politics  recovery  London  Structural  Impediments  deficit  imbalance  faultlines  Europe  GFC  greatrecession  2014  ZIRP  NIRP  QE  unknown  unknowns  unintended  consequences  complexity  incomplete  information  low-income  working  class  workforce  education  policy  White-collar  Future  of  Work  flexible  Zero  Hour  Contract  Blue-collar  behavioral  economics  corporatism  capitalism  globalisation  globalization  Debt  Super  Cycle  deleveraging  debtoverhang  balance  sheet  recession  sovereign  crisis  austerity  David  Cameron  George  Osborne  consumer  infrastructure  investment  infrastructure  hunt  for  yield  property  bubble  housing  market  bubble  policy  folly  policy  error  Career  Politicians  Toff  lost  decade  lost  generation  stagnation 
august 2014 by asterisk2a
Konjunktur in EU: Analyse des ersten Halbjahrs 2014 - SPIEGEL ONLINE
In anderen Euroländern dagegen ist die Lage bedenklich. Vor allem Frankreich und Italien, die nach Deutschland größten Volkswirtschaften des Währungsraums, haben große strukturelle Probleme. Und in Krisenstaaten wie Griechenland, Spanien und Portugal geht es dank schmerzhafter Spar- und Reformprogramme zwar inzwischen wieder leicht bergauf mit der Wirtschaft. Doch die Gefahr eines Rückfalls in die Krise ist noch immer groß. || http://www.spiegel.de/wirtschaft/unternehmen/eurostat-inflation-in-euro-laendern-sinkt-auf-rekordtief-a-986068.html - Neue Zahlen von der europäischen Statistikbehörde Eurostat: Die Inflation in den 18 Ländern im Euroraum ist so niedrig wie seit fast fünf Jahren nicht mehr. Das Wirtschaftswachstum kommt zum Stillstand. || + http://www.spiegel.de/wirtschaft/soziales/bip-deutsche-wirtschaft-schrumpft-um-0-2-prozent-a-986028.html + http://www.spiegel.de/wirtschaft/unternehmen/diw-chef-fratzscher-hoehere-loehne-und-konjunktur-a-986124.html "Investitionen!"
France  Germany  PIGS  Eurpope  sovereign  debt  crisis  2014  stagflation  secular  stagnation  stagnation  ECB  QE  ZIRP  NIRP  liquidity  trap  monetary  transmission  mechanism  creditcrunch  deleveraging  balance  sheet  recession  debtoverhang  Richard  Koo  economic  history  Structural  Impediments  imbalance  deficit  budget  deficit  liberal  economic  reform  NPL  zombie  banks  Career  Politicians  policy  folly  policy  error  monetary  policy  unconventional  monetary  policy  fiscal  policy  austerity  faultlines  divergence  Super  Cycle  lost  generation  lost  decade  debt  bubble  bond  bubble  hunt  for  yield  infrastructure  investment  investment  debt  monetization  debt  monetisation  haircut  debt  jubilee  debt  restructuring  public  debt  productivity  output  gap  corporatism  crony  capitalism  coward  risk  sentiment  risk  taking  creditrating  creditrisk  working  poor  Gini  coefficient  income  inequality  squeezed  middle  class  social  mobility  income  mobility  inequality 
august 2014 by asterisk2a
The Rise Of Europe's Religious Right
For the most part, though, issues dear to social conservatives were a side issue in elections driven heavily by economic frustration. [...] The suddenness with which social conservatives became a force in Brussels has many progressives speculating that they are the creations of American social conservatives seeking to “export the culture wars.” [...] Today, American ties seem much more about a shared vision to build a global conservative movement rather than leaning on stronger and wealthier U.S. partners for support. // http://www.salon.com/2014/02/28/the_dying_right_why_christian_fundamentalists_are_in_panic_mode_partner/ || Pro Progressive - the hard things are hard bc they are worth doing it. It's easy to turn ones back. But its hard to hold your face into the storm that is brewing. Holding onto status quo is not worth the struggle, it is a futile short-term view - as the status quo is not sustainable.
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july 2014 by asterisk2a
BIS Slams "Market Euphoria", Finds "Puzzling Disconnect" Between Economy And Market | Zero Hedge
"... it is hard to avoid the sense of a puzzling disconnect between the markets’ buoyancy and underlying economic developments globally....  Despite the euphoria in financial markets, investment remains weak. Instead of adding to productive capacity, large firms prefer to buy back shares or engage in mergers and acquisitions.   As history reminds us, there is little appetite for taking the long-term view. Few are ready to curb financial booms that make everyone feel illusively richer.  Or to hold back on quick fixes for output slowdowns, even if such measures threaten to add fuel to unsustainable financial booms. Or to address balance sheet problems head-on during a bust when seemingly easier policies are on offer. The temptation to go for shortcuts is simply too strong, even if these shortcuts lead nowhere in the end. [...] " Never before have central banks tried to push so hard."
short-term  thinking  short-term  long-term  thinking  long-term  view  Wall  Street  WallStreet  ZIRP  hunt  for  yield  equity  bubble  asset  bubble  2014  NIRP  QE  monetary  policy  monetary  stimulus  monetary  system  liquidity  trap  BIS  unintended  consequences  unknown  unknowns  complexity  faultlines  financial  market  productivity  output  gap  fiscal  stimulus  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  infrastructure  investment  corporate  governance  public  good  public  interest  public  investment  Career  Politicians  Politics  democracy  Democratic  Process  lobby  Lobbying  lobbyist  stakeholder  shareholder  shareholder  value  Makers  policy  error  policy  folly  industrial  policy  energy  policy  fiscal  policy  education  policy  BOE  Fed  ECB  BOJ 
june 2014 by asterisk2a
BBC News - 'No wage rises' until jobless rate falls to 5% says MPC member
Martin Weale said there may be more spare capacity in the economy than policymakers had previously estimated. +++ Bank of England 'puzzled' by productivity gap - http://www.bbc.co.uk/news/business-27857472 >> London Finance Centre Canary Wharf drove up productivity in the run up to the 2008 GFC :: UK workforce as a whole, lacking skills for the future, thus the productivity gap; Mobile Creative, Mobile Creatives, skill-biased technological change, knowledge worker, White-collar Worker, Blue-collar Worker. Year of Code is too late and a drop/tea-cup in the ocean. College needs to offer Computer Science Degrees (Technichal College), not just University. College's offers courses as "Beauty Technicians." Services Industry that does NOT scale. A locals hairdressers service can not be exported, sold and consumed in other countries. Period.
spare  capacity  output  gap  UK  productivity  recovery  2014  BOE  economic  history  unknown  unknowns  complexity  unemployment  structural  unemployment  economy  monetary  policy  fiscal  policy  austerity  Impediments  faultlines  structural  imbalance  productivity  gap  Mobile  Creative  Mobile  Creatives  skill-biased  technological  change  knowledge  worker  White-collar  Blue-collar  workforce  Year  of  Code  21stcentury  Why  Software  Is  Eating  the  World  Software  Is  Eating  World  education  Higher  formal  education  business  education  education  bubble  un-college  College  scaling  scale  microeconomics  macroeconomic  policy  microeconomic  policy  macroeconomics  macroprudential  policy  microprudential  regulation  Public  interest  retraining  STEM  education  policy  Career  Politicians  short-term  thinking  long-term  thinking  accountability  Politics  transparency  democracy  Democratic  Process  free  press  free  speech  pluralistic  society  plurality  pluralism  freedom  of  press  debate  discourse 
june 2014 by asterisk2a
Dürre im Westen der USA: Stausee Lake Powell trocknet aus - SPIEGEL ONLINE
Die aktuelle Dürre sei "beispiellos seit dem Beginn der verlässlichen Aufzeichnungen im Jahr 1895", heißt es im National Climate Assessment, dem offiziellen Klimabericht der US-Regierung, den Präsident Barack Obama Anfang Mai vorstellte. Er verheißt dem Südwesten Ungemach: Das Wasser schwinde weiter, es fehle in Städten, Agrarlandschaften, Ökosystemen, Waldbrände häuften sich. Und das könnte erst der Anfang sein: Wissenschaftler befürchten, dass die Region in frühere Zeiten zurückfallen könnte. Baumring-Analysen haben ergeben, dass das 20. Jahrhundert die niederschlagreichste Periode der vergangenen 1200 Jahre war. Zuvor war es im Westen der USA deutlich trockener als heute. Eine Studie etwa hat gezeigt, dass zwischen den Jahren 850 und 1300 gleich zwei Megadürren herrschten - jede für sich fast 200 Jahre lang. Die größte Befürchtung der Experten ist, das Klima könne nun wieder zu derartigen Verhältnissen zurückkehren.
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may 2014 by asterisk2a
Come my revolution, the apathetic will get their say | Marina Hyde | Comment is free | The Guardian
I can think of no single more achievable boost to our democracy than having a none-of-the-above box added to every 2015 ballot paper, and an amendment to media regulations insisting that the disaffected be formally represented in all TV studios and other forums in the runup to polling day. They may well be the biggest political demographic. At the time of writing, it was unclear how many people voted in the local and European elections, but one thing was crystal: the vast majority didn't. It doesn't look to have been a historically low showing, estimated at about 36%. But with predictions that next year's big one could rival the philosophically illegitimising depth of Labour taking 35% of a 61% turnout in 2005, how long should politicians be ethically permitted to ignore such a vast constituency? + http://www.bbc.co.uk/news/uk-politics-26385554
democracy  Lobbying  lobbyist  lobby  Democratic  Process  Career  Politicians  PPE  No  Representation  Out  of  Touch  Gini  coefficient  crony  capitalism  corporatism  accountability  transparency  Freedom  of  Information  Act  2015  2014  participation  rate  voter  turnout  Politics  western  society  election  campaign  promises  general  election  2015  UK  USA  Germany  Europe  European  2014  governance  oversight  political  folly  policy  folly  policy  error  public  policy  disenfranchise  social  mobility  income  mobility  unintended  consequences  unknown  unknowns 
may 2014 by asterisk2a
Draper University & Tim Draper's state of California | Launch Festival 2014 - YouTube
California is 50th in tersm of edu cost (too expensive), California spends 3% of their rev on infrastructure investments. ... It has to be really bad that they see as only solution to make it smaller. make 6. The only good thing that has CA going is the weather and that can have unintended consequences as well - extreme weather events, droughts, wildfires, flashfloods, ... http://www.economist.com/blogs/democracyinamerica/2014/02/splitting-up-california + http://www.advancingafreesociety.org/eureka/sacramento-spotlight-six-californias-part-1-demographics-of-the-new-states/ + http://www.equities.com/editors-desk/economy-markets/economic-data-news/the-economic-impact-of-six-californias + http://draperuniversity.com/ ||| +++ http://youtu.be/2q8XOhm_LDE -- BOOK ! 'The race for reinvention' ""The Fourth Revolution: The Global Race to Reinvent the State"" - - IN THEIR new book, John Micklethwait and Adrian Wooldridge explain why the state faces a historic juncture
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may 2014 by asterisk2a
BBC News - Nigel Farage: UKIP to be serious players at general election
Labour Party gaining ground .... but will it be enough (traction) to replace the coalition of Conservatives/LibDems? http://www.bbc.co.uk/news/events/vote2014 - waiting for further detailed analysis; http://www.economist.com/blogs/blighty/2014/05/local-elections "Most revealingly for the party’s long-term prospects, UKIP’s triumph in local elections is proof of its growing knack for campaigning on-the-ground and on domestic political issues. For years the party’s success was limited to European elections, where bluster about the EU and a strong broadcast presence was enough. Not any more. The party’s membership has shot up to more than 35,000, meaning it can now seriously compete in first-past-the-post contests." + http://www.economist.com/blogs/blighty/2014/05/shape-britain "LOSING America is popularly considered to have been one of the things that cost King George III his sanity. David Cameron, by contrast, appears to think that losing Scotland would not even cost him his job."
UKIP  Council  Election  2014  UK  Labour  Party  davidcameron  nickclegg  GeorgeOsborne  Liberal  Democrats  Conservative  Party  general  2015  Scottish  Independence  Career  Politicians  public  policy  fiscal  policy  Makers  policy  error  policy  folly  NHS  austerity 
may 2014 by asterisk2a
BBC News - UK's oil, coal and gas 'gone in five years'
"Britain has just 5.2 years of oil." Aberdeen companies (whole region) got 2 pivot 2 off-shore windfarm tech and maintenance and tidal wave technology [clean tech - clean energy technology]. PLUS there is the decommissioning business, decommissioning of oil and gas platforms. Plus the option of building/solidifying itself as knowledge and skill hub for global oil and gas business - the mobile creative / skill-based worker. Otherwise it could turn sour quiet quickly like the areas where the coal mines and other post-heavy industry locations in the UK were - them being still smudge of economic inactivity on UK's economic landscape and economic history. "Ministers are hoping that enough shale gas - extracted by fracking - will be obtained to make a difference, the BBC's environment analyst Roger Harrabin says." The gas amount from fracking in UK is negligible, not comparable to USA even if accounted 4 landmass size & energy usage/capita. + http://econ.st/1n8oyAZ http://econ.st/1gdiesV
UK  energy  security  energy  policy  industrial  policy  Aberdeen  renewable  energy  clean  tech  clean  energy  technology  Scotland  Scottish  Independence  economic  history  davidcameron  GeorgeOsborne  public  policy  green  energy  fracking  shalegas  shale  gas  2014  2015  nuclear  power  energy  crunch  brownouts  blackouts  competitiveness  Russian  Reliance  Europe  foreign  policy  foreign  affairs  Career  Politicians  accountability  governance  democracy  long-term  thinking  short-term  thinking  election  campaign  promises  general  election  2015 
may 2014 by asterisk2a
BBC News - When will the UK pay its way in the world?
In absolute terms it has been impossible for UK debts to fall. >> Now what was a little worrying was that the deficit on the current account reached 5.6% of GDP, or economic output, in the third quarter of 2013 and fell to just a little bit lower, 5.4%, in the fourth quarter. That 5.6% was - ahem - something of a milestone: it was the biggest quarterly deficit since records began in 1955. And it explains why the record aggregate indebtedness of the UK has been falling so slowly, and is still not much below 500% of GDP on the Mckinsey measure (though see my previous blog). [...] UK's - limp trading performance - for YEARS! ... COMPETING against BRICs, Europe, G8, ... now and in the future competing with MINT countries too ( http://en.wikipedia.org/wiki/MINT_countries ). [...] "We have not got forever to reconstruct our economy and become a bit more like the European export emperor, Germany."
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may 2014 by asterisk2a
The Bank of England cannot fine-tune house prices - Telegraph
a home is not an investment asset. or something to buy for your 'diversified' pension pot. + http://www.bbc.co.uk/news/uk-scotland-scotland-business-27312876 - The Scottish housing market continues to be "marred" by weak supply and high demand, according to surveyors. + // http://www.cnbc.com/id/101653695
UK  2014  property  bubble  asset  bubble  Mark  Carney  fiscal  policy  monetary  policy  BOE  Funding  for  Lending  Scheme  Help  to  Buy  Scheme  Supply  and  Demand  policy  folly  policy  error  public  policy  Career  Politicians  unintended  consequences  inequality  Gini  coefficient  living  standard  post-recession  housing  market  mortgage  market  ZIRP  hunt  for  yield  QE  NIRP  wage  stagnation  living  wage  democracy  Millennials  zombie  consumer  Consumerism  consumerist  consumer  debt  Super  Cycle  generationy  unfair  babyboomers  ethics  morals  morality  GFC 
may 2014 by asterisk2a
Thomas Piketty: on tour with the 'rock-star economist' -video | Business | theguardian.com
Thomas Piketty. funny thing, at this meeting in min 3. no handshake, no spreading germs. less sick days. ;) ... +++ Faisal Islam on The Default Line - video interview - http://www.theguardian.com/business/video/2013/aug/16/faisal-islam-default-line-video || + Michael Lewis: the stock market is rigged – video interview - http://www.theguardian.com/business/video/2014/apr/30/michael-lewis-the-stock-market-is-rigged-video-interview ||
Thomas  Piketty  Robert  Reich  Book  documentary  Gini  coefficient  post-recession  post-crisis  GVC  greatrecession  greatdepression  recovery  2014  income  inequality  income  mobility  coldprogression  kalte  Progression  social  mobility  low-income  income  growth  income  distribution  tax  free  income  disposable  income  crony  capitalism  greed  Super  Rich  corporate  governance  journalism  journalismus  speculative  bubbles  property  bubble  economic  history  long-term  thinking  accountability  governance  public  policy  policy  error  policy  folly  policy-makers  lostdecade  lostgeneration  long-term  unemployment  underemployed  structural  unemployment  youth  unemployment  unemployment  Europe  USA  UK  sovereign  debt  crisis  democracy  inequality  Faisal  Islam  generational  contract  Environmental  Movement  disaster  Millennials  generationy  babyboomers  HFT  WallStreet  toobigtofail 
may 2014 by asterisk2a
British austerity is no model for the rest of the world - FT.com
the pace of fiscal contraction has slowed over the past two years. This means that the brake on growth caused by fiscal policy is becoming more attenuated. So the turnround in growth over the past 18 months is as much evidence against austerity as it is pro-austerity. Second, faced with the potential damage caused by the deficit reduction to demand and economic growth, the UK government has been forced to introduce a number of extraordinary measures to support lending. [...] It certainly should not, however, be seen as any kind of inspiration to other companies or countries. + http://www.telegraph.co.uk/finance/economics/10807988/Rapid-rate-rises-could-throw-UK-back-into-recession.html
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may 2014 by asterisk2a
BBC News - UK government finances show £4.7bn surplus in January
The total pile of government debt now stands at £1.24tn, equivalent to 74.6% of the UK's total economic output.
UK  Debt  Super  Cycle  sovereign  crisis  jubilee  public  household  2014  austerity 
february 2014 by asterisk2a

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