State of Climate 2024 Report signals worse is coming – like very nearly now

This is my Wednesday blog post on a Thursday, given that I spent yesterday dealing with Australia’s latest CPI data release. So today I consider a range of topics in less detail, which is my usual Wednesday practice. Today, I comment on the latest ‘State of Climate 2024’ Report just released in Australia. I also consider the view that underneath all the regional wars at present where war lords fight to gain control of failed states is a voracious surplus extraction system we just happen to call Capitalism. And then some other items that have interested me this week. And a music segment.

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We are 1.7 times over regenerative capacity and the world’s population control must be reduced

It’s Wednesday and so a few topics that have interested me over the last week plus some promotion etc. I have been going back in time lately re-reading some of the classic books that spawned the environmental movements in the 1970s. At that time, researchers were predicting doom because they foresaw that the population growth was becoming excessive and outstripping the capacity of the world to regenerate itself. Many of the leading offerings of the day were heavily criticised not only because they were inherently (as a matter of logic) opposed to capitalism. Ironically, the Left also refused to take up population control type advocacy because they considered it coercive and biased against the poor. They preferred to argue about redistribution rather than degrowth. The Left’s credibility now in that regard is rather in tatters and unless the progressive elements in the environmental movement return to a focus on reducing population growth the game will be up. I am researching those issues at present.

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Japan exports up sharply as a response to the weaker yen

It’s Wednesday, so a few topics. Tomorrow, I plan to address the issue that the US economy is heading into recession. The short assessment is that it doesn’t look like it to me despite the relatively poor labour market data that came out at the end of last week. But there is certainly a lot of fluctuating fortunes being recorded around the globe at present. Recent Japanese data is quite interesting and I discuss it in what follows. We should also remember that yesterday was the anniversary of the Hiroshima bombing – a very sad day in human history. Constantly reminding us of the damage that the US bombing caused should warn us off war altogether and nuclear weapons and technology specifically. Unfortunately, the trends are working against such a view. And we also have some music to listen to while cogitating over those issues.

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