NVDL: There is a predictable pattern here. For economies, configured as they currently are, to thrive, they need to GROW. To grow they need energy. Energy must be cheap and abundant. Right now, energy pretends to be both (though in fact it is actually neither).
I predict stock markets and economies will roar back to life, and as they do, energy prices will flare up and choke this attempt at growth, causing the system to buckle and convulse once more.
The question is - how many convulsions until we begin to develop a sustainable alternative (in terms economics not based solely on growth, and energy based on sustainable and scaleable alternatives).
I predict stock markets and economies will roar back to life, and as they do, energy prices will flare up and choke this attempt at growth, causing the system to buckle and convulse once more.
The question is - how many convulsions until we begin to develop a sustainable alternative (in terms economics not based solely on growth, and energy based on sustainable and scaleable alternatives).
 clipped from www.businessday.co.zaSOUTH African shares soared as much as 7% and the rand rallied to R9,70/$ yesterday as world markets continued to recover from their recent beating and BHP Billiton abandoned its bid to buy Rio Tinto, sending resources stocks sharply higher. Further moves in the US to rebuild confidence among consumers and businesses brought a third day of rises when the market opened, pushing indices above key technical levels and stimulating appetite for emerging market assets and currencies.
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