The next global financial crisis is well and truly under way, but don’t let the culprits get away with just blaming the coronavirus!
When a virus can smash your financial system, it’s time to throw out your economic delusions and face up to the fact that the problem is the financial system.
Yes, the pandemic is very serious, but all it has done is show up how unproductive and unprepared our and many other economies are.
Who benefits from electricity price spikes to $14,500/MWh, and who pays? Don’t let debates about climate change and renewables blind you to possible cases of vested interests being allowed to exploit the market and gouge the public.
An Eyre Peninsula nuclear power station would be a “game changer” for South Australia, providing cheap electricity, and power for water desalination to support a new agricultural irrigation scheme.