livingston
20×102mm Vulcan
Well, there’s another “economist” who can be set into the folder of ‘no longer useful’. During his appearance today on CBS Face The Nation, Mohamed El-Erian, chief economic adviser for Allianz, finishes his segment by revealing his underlying precept: Climate Change policy is now the economic policy driver of all his investment advice.
As a consequence, El-Erian is staking the position that climate change agenda politics is now the focal point from which all other economic policy will be determined. He has conceded in his mind and worldview, perhaps based on his associations and peer discussions, that any forward economic analysis must therefore establish itself from the alternative fuel position.
The downstream consequences of interim energy policy shifts are major increases in current energy costs.
Few people realize how much everything jumps in price simply because oil, gas and energy costs increase. The entire process of creating stuff (raw materials), moving stuff, processing stuff (intermediate), transporting stuff, finishing stuff, shipping stuff, storing stuff, distributing stuff and selling stuff becomes a rising cumulative cost inside the supply chain.
As a consequence, El-Erian is staking the position that climate change agenda politics is now the focal point from which all other economic policy will be determined. He has conceded in his mind and worldview, perhaps based on his associations and peer discussions, that any forward economic analysis must therefore establish itself from the alternative fuel position.
The downstream consequences of interim energy policy shifts are major increases in current energy costs.
Few people realize how much everything jumps in price simply because oil, gas and energy costs increase. The entire process of creating stuff (raw materials), moving stuff, processing stuff (intermediate), transporting stuff, finishing stuff, shipping stuff, storing stuff, distributing stuff and selling stuff becomes a rising cumulative cost inside the supply chain.
Sunday Talk Warning, Mohamed El-Erian Concedes His Economic Views Are Now Contingent Upon Climate Change Driving Policy - The Last Refuge
Well, there’s another “economist” who can be set into the folder of ‘no longer useful’. During his appearance today on CBS Face The Nation, Mohamed El-Erian, chief economic adviser for Allianz, finishes his segment by revealing his underlying precept: Climate Change policy is now the economic...
theconservativetreehouse.com