An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.
Here's a frightening look at what a Romney-Ryan ticket looks like for the environment and our future.
And it looks like China may take the lead in Thorium reactors (invented in the USA). We end up with "Hydrocarbons R' Us"http://www.foreignpolicy.com/articles/2012/08/13/cities_of_the_future_made_in_china"Frustrated by electricity shortages in many of its cities, China is racing to develop nuclear technology fueled by thorium, which some energy experts predict will revolutionize an industry racked by safety concerns following Japan's Fukushima meltdown in 2011. Compared with the global standard of uranium, thorium is more abundant in nature, doesn't cause meltdowns, and produces less radioactive waste, making it a more attractive option for filling China's electricity deficit (though detractors warn that it is untested on a commercial scale and still has significant safety and waste problems)."Also see:http://energyfromthorium.com/2012/08/05/thorium-energy-cheaper-than-coal/
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