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The Forum > Article Comments > 2019 will be better than expected > Comments

2019 will be better than expected : Comments

By Michael Knox, published 28/12/2018

The world economy will continue to produce healthy growth in 2019. We are ending 2018 with equities markets that are undervalued both in the US and in Australia.

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individual,
>Fast forward to 2018 & we have unlimited debt
No we don't!

>& being in the Commonwealth we're not yet a republic.
The two aren't mutually exclusive. Not that being a republic is a prerequisite for a country's economy to be at banana republic status.

>Pay demands for no improved enterprise in return got us here.
Then we're obviously not where you think we are, for wage share of GDP is at or near its lowest since records began - see http://www.futurework.org.au/infographic_the_shrinking_labour_share_of_gdp_and_average_wages

>No amount of jargon can change history.
Nor can any amount of hyperbole and conjecture.
Posted by Aidan, Sunday, 30 December 2018 10:16:53 PM
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I stand by previous comments and note. Hydro electric needs thousands of miles of wires as does solar or geothermal or tidal hydro. One cannot make miracle cancer cure bismuth213 with photovoltaic solar, geothermal hydro. etc. Every year brain cancer alone claims more victims than the annual road toll!

Solar panels may not get cheaper, given a 30% annual wages growth in China, unless It's done via automation? And then highly energy dependant. Most of which is today provided in china with coal fired power, ditto wind turbines.

And in the case of the former, acompanied by mountains of toxic waste, simply dumped.

Coal-fired power in a carbon contrained economy not completely out of the question. But done very differently. No boilers, no steam driven turbines, but rather, giant industrial ovens.

Where all the methane is cooked out, run through water scrubbers then piped to the end user. A national gas grid possibly costing no more than a new, clean-coal, power station?

Where it could be bladder stored at delivery point, then used on demand via ceramic fuel cells. And as a combination, with an 80% energy coificient.

A chemical proccess, not combustion, produces mostly pristine water vapour.

Given little if any transmission or distribution losses. Nor brownouts or blackouts! Able to provide dispatchable, reliable, mostly carbon-free-power, for possibly less than 3 cents per KwH? Unsubsidized!

If solar could match that with any unsubsidized formatt? I'll eat my hat!
Alan B.
Posted by Alan B., Monday, 31 December 2018 10:47:40 AM
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All the way with Donald T!

Trump may well win the US 2020 Presidential Election due to:

- higher than expected US economic growth. Americans mainly love the buck!

- part caused by US tax cuts

- manly brinkmanship against North Korea, Iran, China, NATO and especially against democratic UK and Western Europe

- brotherly love for Putin and Russian authoritarian toughness generally

- bringing many US troops from Syria and Afghanistan (though quietly backfilling using the with CIA paramilitary Special Activities Division in

= Syria http://en.wikipedia.org/wiki/CIA_activities_in_Syria#War,_2011%E2%80%932017

= Afghanistan http://www.nytimes.com/2017/10/22/world/asia/cia-expanding-taliban-fight-afghanistan.html

All this augurs well for the Donald, the US's and therefore the world's chief Tweeter-in-Chief.

All thinking Australians love the Trumpster. Don't they?
Posted by plantagenet, Monday, 31 December 2018 12:44:52 PM
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Dear Pete,

Are you serious?

I'm currently reading the Bob Woodward book -
"Fear: Trump In the White House." It's
scaring the heck out of me.
Posted by Foxy, Monday, 31 December 2018 12:50:06 PM
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CORRECTION:

All the way with Donald T!

Trump may well win the US 2020 Presidential Election due to:

- higher than expected US economic growth. Americans mainly love the buck!

- part caused by US tax cuts

- manly brinkmanship against North Korea, Iran, China, NATO and especially against democratic UK and Western Europe

- brotherly love for Putin and Russian authoritarian toughness generally

- announcing in December 2018 that he is bringing HOME many US troops from Syria and Afghanistan (though quietly backfilling the troop drawdown with 1,000s of EXTRA CIA paramilitary Special Activities Division in

= Syria http://en.wikipedia.org/wiki/CIA_activities_in_Syria#War,_2011%E2%80%932017

= Afghanistan http://www.cbsnews.com/news/leaving-afghanistan-would-cause-greater-problem-says-former-senior-cia-paramilitary-officer/

All this augurs well for the Donald, the US's and therefore the world's chief Tweeter-in-Chief.

All thinking Australians love the Trumpster. Don't they?
Posted by plantagenet, Monday, 31 December 2018 12:53:32 PM
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Bob Woodward
Education Yale University (BA)
George Washington University
Occupation Journalist
Foxy,
So you take a professional hanger-on serious ?
Posted by individual, Monday, 31 December 2018 1:10:23 PM
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