Another look at the economy ....

Current Economy and Sustainable Development-compatible? GDP growth (at all costs), economic development, inflation ... How concillier the current economy with the environment and sustainable development.
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Another look at the economy ....




by Christophe » 20/08/06, 19:02

Some abbreviations of our economic system based ONLY on GDP.

https://www.econologie.com/file/economie ... regard.pdf
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For another look at wealth




by AVEVA » 22/08/06, 21:58

I'm not sure I'm in the right place! sorry
But here is an extract from the "agora chronicle" and I invite all econologists to consult it, you can receive the chronicle for free on the Internet.
Extract (prohibited!) From 22/08/2006
Obviously, between an economic slowdown nicely camouflaged under the term "soft landing" and a Fed that has stopped its rate hikes, there are not many arguments left for the greenback. The bond markets were also affected, with a 10-year T-bond whose yield hit a low of 4,81% yesterday - we hadn't seen that since the end of March.

Is it a coincidence that, at the same time, gold has seriously recovered? The ounce rose $ 11 yesterday to finish at $ 625 at the second London fixing.

As for oil, it has resumed its upward path, following renewed tensions in Lebanon following Iran's now official refusal to end its nuclear enrichment program: the barrel of WTI thus reached yesterday $ 72,45 At New York.

** Meanwhile, world authorities and the media have declared this week to be "water week". Rather than a week, our specialists have predicted that it will be the year ... the decade ... and probably the century of water!

Eric Fry was talking about it a few weeks ago, figures to back it up. Little reminder of the facts ...

"According to the United Nations, if current water consumption trends continue, 25 billion people will live in regions where it will be impossible - or almost impossible - to meet basic needs in XNUMX years. matter of water to heal, drink or eat ".

"The problem is that there is no substitute for fresh water" ...

"'Water is the most basic and necessary raw material,' observes investment company Summit Global Management, 'and it is the only element in the world with no substitute, at no cost'."

"There is therefore no doubt that clean water is the most precious resource in the world. This essential truth has not, however, prevented decades of poor water management. Around the world, water healthy is underestimated and woefully misused ... if not by the billions of people who struggle to find it every day - or die on the job. Only 20% of the world's population currently enjoys the benefits of running water The remaining 80% have to find it where and when they can. In some parts of the world people spend up to six hours a day fetching water. "

"Now that unhealthy water has become a serious ECONOMIC problem in many developing countries, government agencies and private companies around the world are taking action. In fact, every densely populated country on the planet will spend billions - if not millions of billions - of dollars over the next 1 years to install and improve water treatment and distribution infrastructure. The United States alone will spend $ 000 trillion. over the next two decades to improve their decrepit infrastructure. "
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by --Ex-- » 23/08/06, 12:59

To answer AVEVA, it is clear that for water, there is a lot to do.
Between toilet water, overconsumption of water for car washes ... Agriculture is something else.

I think about it every day at work with the water fountains.
That must be one of the worst inventions of recent times.
Between the waste of spring water and I'm not even talking about the transport of all this water.

A cool invention, on the other hand, is the water fountains that plug into the running water network:

Link
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Re: Another look at the economy ....




by Targol » 23/08/06, 15:08

Christophe wrote:Some abbreviations of our economic system based ONLY on GDP.

https://www.econologie.com/file/economie ... regard.pdf


I could have written this text ... at least if I had had some talent : Mrgreen:

--Ex-- wrote:To answer AVEVA, it is clear that for water, there is a lot to do.
Between toilet water, overconsumption of water for car washes ... Agriculture is something else.

I think about it every day at work with the water fountains.
That must be one of the worst inventions of recent times.
Between the waste of spring water and I'm not even talking about the transport of all this water.

A cool invention, on the other hand, is the water fountains that plug into the running water network ...


Fully agree.
With regard to networked fountains, it is true that if we can avoid bottles, bottle washing, traffic jams and transport, it's downright a plus. Especially since, contrary to what the majority thinks, most of these bottles are filled with tap water ...
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by Christophe » 23/08/06, 15:24

The last 2 posts are rather off topic ... please refocus or create a new topic here: https://www.econologie.com/forums/l-eau-gest ... -vf36.html

In addition I think we already talked about the water fountain ...
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another look at the economy




by AVEVA » 23/08/06, 17:50

Relationship between Inflation and GDP
(It's a bit long, but I can't resist the temptation to serve it to you because it's much better written than I can do ...)

Bill Bonner, co-founder of The Chronicle Agora, in London

*** INFLATION AND REAL ESTATE

** "One could say that apart from wars and revolutions, nothing in our modern civilization can be compared, in terms of importance, to [inflation]", writes Elias Canetti in Crowds and Power. "The upheavals caused by the inflations are so deep that people prefer to keep them quiet and hide them."

* Last night, before we went to bed, we read an essay by Paul Cantor on hyperinflation in Germany in the 20s, and how it affected the writings of Thomas Mann, in particular his new Disorder and Early Sorrow. Cantor analyzes the story according to the Austrian school of economics, showing how hyperinflation not only provides the background, but also the means of understanding it.

* This is how Mann describes one of his characters, a housewife faced with constantly rising prices:
* "The ground is constantly hiding under her feet, and the world seems to be upside down. She talks about what occupies her mind: eggs, eggs must absolutely be bought today. They are 6 marks piece, and there are only a limited number of them, on this specific day of the week, in a single shop fifteen minutes away. "

** We know we think better when we sleep. As we dozed, our brains began to work on the body, the subject of the article, like a Pakistani policeman attacking a jihadist. We woke up in the middle of the night to find him reduced to bloody porridge ... and admitting a horrible and simple crime: the destruction of the American middle class.

* But the culprit is not a jihad pawn. No secret cells or undercover agents; no mole, collaborators, revolutionaries sulking in a cellar - no, in the United States of the 21st century as under the Weimar Republic, the saboteurs are the financial authorities nested in the capital itself, the eminences whose faces adorn the covers of magazines, which deliver speeches, obtain honorary titles and harass consumers - it is hardly believable - to push them to pounce on all the latest innovations in the financial industry ... like for example variable rate home loans.

* Remember that even if the value of the dollar was halved during his tenure at the Fed, Alan Greenspan is now enjoying his retirement like a rooster in dough ... bragging about a job well done. And is it not the same Alan Greenspan who was knighted by Queen Elizabeth II shortly after he won the prestigious Enron Prize?

* Mark inflation in Germany has led to disorder and then grief - and dollar inflation over the past quarter century has taken the same direction; going through bubbles, crashes, floating rate loans and deferred principal loans. In the past four years alone, US debt has increased to 100% of GDP. It is now estimated that $ 300 trillion in derivatives are in the works - in a global economy worth only $ 000 trillion. And it takes between $ 55 and $ 000 of additional debt to create a single dollar of additional GDP in the US, the ratio generally being $ 5 of debt to $ 6 of GDP.

* But it is the crash of residential real estate that creates the most disorder and sorrow, because it has placed the middle and lower classes in a steel trap from which they cannot escape.

** "The disaster of payments without initial contribution", headlines an article in the newspaper Barron's this week. The author notes what we have been saying for months - floating rate mortgage payments are about to ruin the marginal American borrower ... and drag the entire economy down.

* Now, says Barron's, American residential real estate is threatening to return to the average; this could mean a 30% drop in prices that will wipe out the value of millions of homeowners in one fell swoop.

* Either they will have to pay more than they can afford (after all, why did they choose the "no down payment" option) to reimburse something that is worth less than they bought it (this is what happens in bear markets), or they will lose their homes. When this happens, the world they thought they understood will be hidden under their feet ...

* As Dr. Cantor writes about the 20s, "a society made up of embittered individuals ... is not long in finding itself confronted with major political problems, as was shown by the rise of fascism in Germany ".

==========================================
(c) Agora France Publications, 2002-2006
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Note: partial or total reproduction of this Chronicle STRICTLY PROHIBITED without the written agreement of the publishing company.
==========================================

The Agora Chronicle is a free daily electronic letter distributed by the financial services of Agora Publications. If you wish to apply the advice and mentioned in this e-mail, do not hesitate to subscribe to one of our letters.

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Re: Another look at the economy ....




by --Ex-- » 24/08/06, 00:09

Christophe wrote:Some abbreviations of our economic system based ONLY on GDP.

https://www.econologie.com/file/economie ... regard.pdf


I was afraid at the beginning that it was an extreme left-wing article with the
part on the poor and the rich.

But from the "vice of growth" part, it is interesting as a vision of things.
"Health, for example, is only tackled as an expense, when it should be treated in terms of investment in people."
The same can be said about education, I think. The latter is all the more important since we could precisely address ecology, economics (not taught at all so far, therefore, ignorance of citizens on this subject and incomprehension of politicians for many)
economy, ecology -> econology why not. : Wink:

It is clear that today, what interests the state is to make a maximum of wheat.
And even when we believe that the state is concerned about our health (drive slower, do not smoke), it is so that it costs less to the state in hospitals etc ...

But I find that in France, we are still not too badly served when I see the standard of living in Third World countries.
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Re: Another look at the economy ....




by Christophe » 24/08/06, 00:30

--Ex-- wrote:I was afraid at the beginning that it was an article on the far left with the section on the poor and the rich.


No I do not relay extreme left speeches ... moreover I do not relay extreme speech "whatever it is"!

"Let the first communist without a booklet throw the first stone at me!" to take an extract of a song from econo radio (info here: https://www.econologie.com/forums/musiques-e ... t2197.html )

--Ex-- wrote:It is clear that today, what interests the state is to make a maximum of wheat.


Not just the state, not the state ... the state = men, right? You see what I mean ? :|

--Ex-- wrote:And even when we believe that the state is concerned about our health (drive slower, do not smoke), it is so that it costs less to the state in hospitals etc ...


I even suppose that anti-tobacco campaigns are the result of a shift in the balance of tax inputs - social cost of tobacco ... By the way, this social cost arranges well the pharmaceutical laboratories (the chemo day costs more than 2000 €, the more cancerous the better for them ...) which are the 3rd lobby after oil and nuclear in France. ..

This is not about to happen for the pollution .... yet there is no shortage of the dead (thank you Rulian): the pollution dead

I quote :

"Air pollution is a catastrophe for public health even more than for the climate."

"We learn that out of an urban population of 15 inhabitants in 259 agglomerations of France in 590, 76 deaths would be attributable to pollution by fine particles. This represents 2002% of the total mortality of this same population that year ! "

"France alone would see 31 deaths from air pollution per year, including 700 (17%) attributable to road traffic alone !!"

An "interesting" comparison between pollution and road accident is also made by the author of this article:

"exhaust fumes from cars, motorcycles and trucks kill 2,4 times more than road accidents !! The real obituary report of the road amounts to 17 + 600 = 7242 deaths per year!"

Who is talking about it?
Quedale ...do not face the killers who finance France ...
: Evil: : Evil: : Evil: : Evil:
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Another look at the economy, "make a max of wheat & am




by AVEVA » 05/09/06, 22:38

Ex wrote:It is clear that today, what interests the state is to make a maximum of wheat.


It's clear that:

The government could ask parliament to vote an annual budget and manage it as well as possible.
But does parliament seem to have a say in only 1% of the budget!

So why always more?

Is it to meet the demand of citizens?

Is:
More teachers;
More police for their safety;
More nurses;
More beautiful roads and motorways;
More purchasing power;
No more leave;
LESS hours of work.

and OIL WITHOUT TIPP to roll, pollute, kill yourself ...

Why are the rulers looking to increase tax revenue and not just spend wheat properly?
For the sake of doing well?
With an electoral concern?
To satisfy their ego?
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by elephant » 05/09/06, 22:59

well, sorry "to govern" (to administer, to make regulations, to judge, to treat, etc ...) is an economic activity like any other, each one pulls the cover to oneself
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