Today: 20.Oct.2020

John Eidson, writer, analyst for energy, climate change, government policies, retired electrical engineer, independent voter: From where did the money come that funded China's dramatic makeover from a Third World backwater to an economic and military superpower? Trillions of dollars used to finance its spectacular ascendancy was willingly handed over by its greatest patron: the United States of America. But don’t blame China for the trade imbalances. Its leaders were just doing what a nation's leaders are expected to do: negotiate the best deal they can get. If the country on the other side of the table is willing to absorb an epic thrashing in the process, so much the better. And the voluntary thrashing America took lasted 28 consecutive years, from 1989 to 2017, a period when much of America’s manufacturing base was allowed to sell-out its workers by offshoring production.

Published in China

Express, Joe Barnes: CORONAVIRUS will send the global economy into free fall, unleashing the worst recession since the 1930s Great Depression, the International Monetary Fund has warned - and Europe is expected to bear the brunt of the economic crisis. "We anticipate the worst economic fallout since the Great Depression.”

Published in People - C - Economy

John Shanahan, Civil Engineer, Editor of allaboutenergy.net and efn-usa.org: Many people say that we must get rid of meats, modern agriculture and fossil fuels because they produce "a pollutant," carbon dioxide. This idea is abhorrent to many. It will kill billions of people and stop modern civilization dead in its tracks. Carbon dioxide is non-toxic at any historic atmospheric level. It is an essential molecule of life. At allaboutenergy.net, we want to keep using fossil fuels, modern agriculture, etc. We want clean water, air and land. We want to preserve wilderness, wildlife habitat and biodiversity. We don’t need cities and farms everywhere, killing off most wildlife, having only mono-culture farms across the planet. We want nuclear energy as soon as possible for everyone qualified to use it.

Published in USA

Rob Jeffrey, Independent Economic Risk Consultant: “Although nuclear energy has a high capital cost, it has a large load factor that is about 90%, compared with other energy sources that have a much lower load factor and life capacity.” South Africa’s National Development Plan (NDP) set the country’s gross domestic product (GDP) growth target at more than 5% a year for the country to meet its economic, social and political objectives. These objectives include the three fundamental targets of reducing inequality, poverty and unemployment.

Published in South Africa