Quote from: RE on Mar 21, 2026, 12:02 PMNEWSTATESMAN.COM • 2026-03-21
The world energy shock is coming
The US and Israel’s illegal attack on Iran will provoke a global economic catastrophe. The US and Israel’s illegal attack on Iran will provoke a global economic catastrophe
We should be in the deep doo doo by the elections. This will not end well.
RE
QuoteFossil fuels are by far the most systemically significant inputs in (as yet) predominantly fossil fuel-powered capitalism. Food production depends on fertilisers. Helium and sulphur are necessary for microchips production, in turn needed for everything from lawn mowers to data centres sustaining the AI boom. The passage through the strait of these raw materials – key for making everything else – has been effectively suspended since the beginning of the war.
A very good read 😀