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The Great Transition
Policy news & blueprints for the transition to a new Sustainable and Social Economy
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Michael Hudson: U.S. New Cold War Policy Has Backfired

German Chancellor Merkel seems to be ignoring German and other European economic interests. Still obsessed with her hatred of the East German Communist regime, she sees in Russia only an enemy, not an economic market and supplier of raw materials and customer for German manufactures and technology. Likewise, her political love for the United States deems it Europe’s natural friend, without taking into account how its New Cold War policy toward Europe – “Let’s you and Russia fight” – undercuts European continental interests and exacerbates its austerity.
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Brilliant analysis by economics professor Michael Hudson of US and EU foreign policy towards Russia and its geopolitical consequences.

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Burning Oil to Keep Cool: The Hidden Energy Crisis in Saudi Arabia

"On the current trajectory, Saudi Arabia’s domestic energy consumption could limit its exports of oil within a decade. This would have a severe effect on government spending, over 80% of which is dependent on oil revenues.1 Ultimately, it may reduce Saudi Arabia’s spare production capacity, causing greater volatility in the world oil markets."

 

Fascinating new report by Chatham House - read about implications for peak oil and future geopolitical developments in the Middle East

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Geopolitical Implications of “Peak Everything”

Geopolitical Implications of “Peak Everything” | The Great Transition | Scoop.it
From competition among hunter-gatherers for wild game to imperialist wars over precious minerals, resource wars have been fought throughout history; today, however, the competition appears set to enter a new—and perhaps unprecedented—phase.
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