| Thought this worth a thread of its own 13:21 - Aug 29 with 1039 views | Ryorry |
Very lengthy series of tweets by him ("I have checked the facts with energy expert Mike Parr") worth a read. [Post edited 29 Aug 2022 13:23]
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| Thought this worth a thread of its own on 13:29 - Aug 29 with 969 views | Plums |
A very interesting read and a good response to those asking why Octopus is charging the same as everyone else when they claim to be 100% renewable.
For some reason, many people don’t want to recognise that the system is set up to shaft us all. This is far, far worse than the poll tax for individuals and families and yet it somehow seems to have been normalised.
Have we all been made so apathetic we’ve stoped fighting for ourselves?
Note: edited as it read as though I’m an anti-vaxxer [Post edited 29 Aug 2022 13:36]
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| Thought this worth a thread of its own on 13:37 - Aug 29 with 912 views | chicoazul |
Another ton of QE en route, no doubt about it now. More titanic bills for our children to pay. |  |
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| Thought this worth a thread of its own on 13:41 - Aug 29 with 894 views | Guthrum |
| Thought this worth a thread of its own on 13:37 - Aug 29 by chicoazul |
Another ton of QE en route, no doubt about it now. More titanic bills for our children to pay. |
I reckon there be a swathe of national defaults at some point within the next generation, with the burden of this on top of Covid and 2008 (plus whatever comes next), exacerbated by climate change. |  |
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| Thought this worth a thread of its own on 13:47 - Aug 29 with 858 views | chicoazul |
| Thought this worth a thread of its own on 13:41 - Aug 29 by Guthrum |
I reckon there be a swathe of national defaults at some point within the next generation, with the burden of this on top of Covid and 2008 (plus whatever comes next), exacerbated by climate change. |
On the one hand I agree but on the other hand the debts are now so gigantic it almost seems impossible to default. Who would call it in?
Edit; and as you say there is now a much larger existential force at play. Climate change and the inevitable change in economies and lifestyles make the odd trillion of debt seem silly. [Post edited 29 Aug 2022 13:49]
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| Thought this worth a thread of its own on 13:52 - Aug 29 with 828 views | Guthrum |
| Thought this worth a thread of its own on 13:47 - Aug 29 by chicoazul |
On the one hand I agree but on the other hand the debts are now so gigantic it almost seems impossible to default. Who would call it in?
Edit; and as you say there is now a much larger existential force at play. Climate change and the inevitable change in economies and lifestyles make the odd trillion of debt seem silly. [Post edited 29 Aug 2022 13:49]
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Not so much calling it in, as governments no longer pretending they can pay it back (or even the interest). What are lenders going to be able to do about that? Cutting off big nations will leave them nobody to lend to, so they're stuffed either way. | |
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| Thought this worth a thread of its own on 14:26 - Aug 29 with 720 views | GlasgowBlue |
| Thought this worth a thread of its own on 13:47 - Aug 29 by chicoazul |
On the one hand I agree but on the other hand the debts are now so gigantic it almost seems impossible to default. Who would call it in?
Edit; and as you say there is now a much larger existential force at play. Climate change and the inevitable change in economies and lifestyles make the odd trillion of debt seem silly. [Post edited 29 Aug 2022 13:49]
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Just shave two zeros off the end of all worldwide sovereign debt. |  |
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