Archive for the 'Economy' Category

China: A developed, green economy by 2050?

Tuesday, January 12th, 2010

I’m pretty sure that by mid-century, China will be a developed country with an efficient economy generating a huge share of its energy needs of renewable energy sources. That’s my prediction.
Next to China, there are two other prospective candidates: Indonesia and Brazil. These three countries are growing fast despite the aftermath of the Great Recession [...]

The True Cost of Oil

Saturday, January 9th, 2010

Currently I’m working on a research paper with the title “On the Threshold to a New Energy Age - America’s shift towards renewable energy as a consequence of the energy crisis and climate change” and as part of my research, I conducted a poll to find out how prepared people are for the New Energy [...]

on the unequal consumption of oil & the resulting risks

Wednesday, January 6th, 2010

According to the CIA World Factbook, the United States of America has a population of roughly 307.2 million. (July 2009 estimate) (1)
The total population of the world is estimated to be around 6.7 billion based on calculations of the World Bank. (data from 2008) (2)
This means Americans constitue 4.5% of the world’s population.
The U.S. Energy Information [...]

2010 - Year of Uncertainty & Opportunity

Friday, January 1st, 2010

Even though this is my first post in 2010, I’d like to include a video from last year, featuring photos I took during my four-week stay in Hawaii in summer 2009.
I hope you enjoy this video. Traveling to Hawaii was an amazing experience. The place has such a positive energy which you can feel as soon [...]

Japan in Deflation - don’t underestimate the Japanese consumer!

Saturday, November 21st, 2009

The world’s second-largest economy is officially in deflation now. The price level is falling primarily because of overproduction (partly due to weak exports) and Japanese consumers expecting a further decrease in prices, therefore delaying  purchases and saving even more.
The problem is the Bank of Japan can’t really do much about it because the Japanese central bank’s [...]