Friday 28 May 2010

WEALTH CREATION or Button Pressers & Mouse Clickers

There are few real ‘first world’ jobs now.

Most first worlders spend 99% of their time pressing buttons on PCs, phones etc, under the illusion that the work they are doing is either useful, adding value or creating wealth.

So, they are thinking about wealth concept in the context of their mouse clicking rather than the reality of their own Orwellian existences.

A good indicator of wealth creation is toil based sweat.

Deluded office based career people (button pressers and mouse clickers) often think that their wealth creation indicator is stress.

This condition is experienced by a high proportion of first worlders.

The reality is that the stress is only an indicator of their own frustration and/or uselessness and has no correlation with adding value or wealth.

At some point, probably soon, the number of clickers and pressers will have to be rationalised. Watch out for the social and economic fallout.

Comments please.

Thursday 27 May 2010

AVERAGE EARNINGS – Bullshit !

Both economists and the Government use average earnings when designing fiscal strategy and policy.

The figure for the UK is said to be £39,000 (about 46,000 euros or $56,000).

By using this figure their policies are targeted at a very small and unrepresentative part of the demographic.

This average figure is distorted massively when you look at the distribution curve for earnings.

87% of the UK population are earning less than the national average !!!

The true average (what most people earn) is shockingly around £11,000 per year or £220 per week.

Those on these typical lower incomes are largely invisible to those above the government's published average earnings.

See how you’re doing at http://www.ifs.org.uk/wheredoyoufitin

Comments are welcomed.

GROWTH – The Capitalists’ mantra !

Why does everbody think that 'growth' will save us from our economic woes. I say growth was a major contributor to our current situation.

Growth is bad.
Nature does not like it and neither should we.

Growth kills.
In nature, a differential equation exists that ensures that nett growth equals zero.
Example: Predatory animals need to maintain their body weight within very fine limits to avoid starvation. Too big = too slow. Too small = too weak.

In humans, for weight read wealth.

Humans think they are brighter than nature. Durrrr !

We are dinosaurs !

GDP = Greed, Desperation and Panic.

Because most people are always 'spent out' and more some, the only way to create growth is to increase the number of spenders.

The only way to increase the number of spenders is by redistributing the wealth to create a larger mass of consumers. But that in itself causes sustainability issues.

It’s about time that the mythical concept of growth was abandoned, and redistribution was implemented by governments.

Its a shame that communism happened about 100 years too early. A modern command economy producing solar cells, mass permaculture, EVs etc instead of unwanted tractors and weapons might just work.

Uh Oh !!! Hippy alert.

Wednesday 26 May 2010

UK DEBT – Myth, legend and reality.

Everyone is being conned regarding the scale of our economic problems.

All political parties and the media constantly talk about the debt and the debt reduction plan.

The austerity budget has been sitting in Whitehall for a considerable time and would always have been implemented regardless of who had won the recent general election. But even that plan will barely scratch the surface.

The media and the politicians talk about a deficit of £163 million pounds. They also talk about a budget plan to cut the debt by half in four years. THAT IS A LIE !

£163 billion is just THIS YEARS debt.

Their plan will only reduce the year on year debt to £85 billion by 2014.

The total outstanding debt is already £908 billion ( http://www.debtbombshell.com/ ) rising to £1375 billion by 2014.

That’s equivalent to £53,000 per tax payer.Imagine how long it will take the average person to save that.

Or imagine receiving a tax bill for that amount.

Just the interest on our debt for this year will be £43 billion. That's £1,900 for each and every household in the UK.

Remember this debt was largely created by bad practices in the Private financial services sector. All that has happened is that PLC debts have been transferred to Public Debt which will be addressed through 'Austerity Programs'.

DON'T BUY GOLD. Buy PV.

Over 99% of all clever things invented, produced, and consumed since WW2 are now in landfill or causing chaos in the atmosphere.

It took 100 million years of ancient sunlight to produce sufficient rotting biomass to create the world’s oil reserves but only 100+ years to use this supply.

If we had had to wait for all of these processes to happen in the future, rather than robbing it from the past, the commodities futures market would price a single barrel of crude at approx $100,000. This figure sounds ludicrous but as we descend the peak oil curve, that mad price will be realised by the market.

Suddenly solar power seems very efficient indeed.

Tuesday 25 May 2010

PEAK OIL - A big story the media refuse to report on.

Unfortunately fuel prices will continue to rise and rise and rise.

Within the next few years (10 at most) the price will be out of reach for all but the wealthiest and elite classes around the globe.

We have already passed a significant milestone in the post 'gold standard' petro-economy. That point is known by economists as 'Peak Oil'.

Essentially when that point was reached, the world entered an era where the demand for and production of oil exceeded the volumes of newly discovered reserves.

Over time this problem will be compounded due to emerging market countries insatiable demand for energy.

It took 200 million years for the sun to convert carbon to plant and animal waste and subsequently to oil. It has taken just over 100 years for cars etc to reach the 'Peak Oil' point with a relatively gentle upward demand slope and a steep new reserves curve.

Looking at the numbers now, 10 years is actually optimistic regarding the affordability of the remaining reserves.

As we are probably as greedy as our parents and grandparents, I don't hold out much hope for an alternative scenario to emerge.

Google 'Peak Oil' for more information.

Comments welcomed and encouraged.





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