Dec 212012
 
 December 21, 2012  Posted by at 6:33 pm Energy Comments Off on The Second UK Dash for Gas – A Faustian Bargain
The Second UK Dash for Gas - A Faustian Bargain

Artwork: Ilargi The UK is set to embark on its second dash for gas. The first, beginning in the early 1990s, occurred when gas was first permitted to be used for power generation. Prior to that it had been considered a premium fuel too valuable to be used in this way. The regulatory change initiated a substantial building programme for combined cycle gas plants, fuelled by North Sea gas. Very quickly gas generation became a major component of baseload in

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Dec 202012
 
 December 20, 2012  Posted by at 2:37 am Finance Comments Off on Obama Has One Last Chance To Become A Great President
Obama Has One Last Chance To Become A Great President

Barack Obama has one last, fleeting chance of becoming known to posterity as a Great President. His first four years were nothing to write home about, but with the burden of seeking re-election gone, you could argue that he can now throw off the shackles that held him back – and down – since January 20, 2009, and at last show his true face and intentions. If he keeps up what he has done in his first term, Obama will

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Dec 142012
 
 December 14, 2012  Posted by at 8:11 pm Finance Comments Off on Impotence, Leverage and Central Banking
Impotence, Leverage and Central Banking

Chaplin – "Modern Times": A story of industry, of individual enterprise – humanity crusading in the pursuit of happiness Some of our readers have been wondering why we spend so much time covering the situation in Europe. The relevance of the European situation is not perhaps immediately obvious to those geographically far removed, with a temptation to ascribe the problems of the European periphery to locally-specific conditions. However, the global economy is exceptionally integrated, and what happens in one location

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Dec 092012
 
 December 9, 2012  Posted by at 10:18 pm Finance Comments Off on The Automatic Earth presents a brand new Nicole Foss 4 DVD set
The Automatic Earth presents a brand new Nicole Foss 4 DVD set

It has taken a while, but now The Automatic Earth can proudly announce the release of our brand new 4 DVD set, A World of Change, featuring the lectures of Nicole Foss as she delivers them year round to audiences all across the world. There is one difference worth noting: on this DVD set the lectures are much more elaborate and comprehensive. Nicole never talks for over 4 hours in front of a live audience (the time limit is mostly

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Dec 072012
 
 December 7, 2012  Posted by at 3:28 am Finance Comments Off on Is it time to write off Europe for the next decade?
Is it time to write off Europe for the next decade?

“In the lack of judgment great harm arises, but one vote cast can set right a house” – Aeschylus (525 BC-456 BC) Image: Ilargi for TAE The EU is a morally bankrupt blind behemoth that, in a doomed attempt to survive, destroys everything around it just to keep itself standing. In that, it is hardly different from several incarnations of the 20th century politburos in Russia and China – and those are by no means the darkest comparisons that could

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