The Great Transition
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The Great Transition
Policy news & blueprints for the transition to a new Sustainable and Social Economy
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Euro-zone economy barely expands in the third quarter

Euro-zone economy barely expands in the third quarter | The Great Transition | Scoop.it
The rebound after a long slump lost its momentum in the third quarter, compounding fears that Europe could get mired in a "lost decade" of stagnation, joblessness and political discontent.
Willy De Backer's insight:

For all the 'don't worry be happy' singing of the Commission, ECB and others, the reality is this: Europe's elites just have NO clue...

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G20: New World, Old Ideas or better, no Ideas left

"We firmly believe that employment and social inclusion must be at the heart of our actions and policies to restore growth and confidence. We therefore decide to set up a G20 task force which will work as a priority on youth employment."


Billions for the banks, debts for governments, and a task force to tackle unemployment. Where is Charles Dickens when we need him?

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Five Misconceptions About Peak Oil

Five Misconceptions About Peak Oil | The Great Transition | Scoop.it

Energy expert Robert Rapier does an excellent job highlighting some of the problems with "peak oil" but admits resource depletion will lead us into the "Long Recession". Worth reading.


Although Rapier calls himself an optimist, here is how he views our predicament:


"I think of peak oil as supply struggling to keep up with demand, which will keep prices at recession-inducing levels. I think that we will probably eek out a bit more global production, but I will be surprised if the world gets past 90 million barrels per day. I believe that shale gas and oil sands production will continue to rise, and global carbon emissions will continue their upward march."

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China: Economy on the Edge of a Nervous Breakdown

China: Economy on the Edge of a Nervous Breakdown | The Great Transition | Scoop.it

"China is entering the terminal stage of a bubble, and ... what we are seeing are the early signs of a much broader collapse."

Very worrying analysis from EconoMonitor. What would be the impact on our own Great Recession in Europe?

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