The dependence of world GDP on current energy consumption and total energy produced over the previous period and materialized in the form of production infrastructure is studied. The dependence describes empirical data with high accuracy over the entire observation interval 1965-2018.

El Nuevo orden mundial, es un orden que está en las manos de la hegemonía económica de los países capitalistas. Estos diseñan las estrategias del mercado más allá de los auténticos intereses que tienen que ver con la satisfacción de necesidades de la sociedad y de los ciudadanos. Se trata de organizar una estructura de mercado global que cumpla con los objetivos de la reproducción de la plusvalía, etc. Una alternativa a las leyes del mercado neoliberal globalizante, se propone desde una economía de carácter socialista, entendiendo el necesario carácter social de una producción basada en la democracia participativa y en la distribución justa y equitativa de la riqueza.

By applying network analysis techniques to large input-output system, we identify key sectors in the local/regional economy. We overcome the limitations of traditional measures of centrality by using random-walk based measures, as an extension of Blochl et al. (2011). These are more appropriate to analyze very dense networks, i.e. those in which most nodes are connected to all other nodes. These measures also allow for the presence of recursive ties (loops), since these are common in economic systems (depending to the level of aggregation, most firms buy from and sell to other firms in the same industrial sector). The centrality measures we present are well suited for capturing sectoral effects missing from the usual output and employment multipliers.

What is the method by which American federal employees would be investing in Chinese companies? Are the investments somehow going through Hong Kong, or China itself? No need. These Chinese companies are listed in the United States, often with little insight into their fiduciary health, and even less oversight into their operations or ties to the Chinese Communist Party and the Chinese military. According to Roger W. Robinson, Jr., writing in Hillsdale College’s Imprimis, “China has over 700 companies in our stock and bond markets or capital markets. It has about 86 companies listed on the New York Stock Exchange, about 62 in the NASDAQ, and over 500 in the murky, poorly regulated over-the-counter market.”

Con la actividad turística en cuarentena, llega el momento de replantear el futuro del sector. Casi un 13% del PIB español está al borde del colapso y el sector denuncia la ineficacia del gobierno, acuartelado en las medidas de seguridad sanitaria. Ciudades como Sevilla replantean estrategias para seguir siendo competentes.

China grasped upon a pivotal window of opportunity in 2019 for its financial sector to be market-oriented, law-based, and globalized, well-equipping its markets to weather a coronavirus-induced global financial tsunami in 2020, Lu Lei, deputy head of China’s foreign exchange regulator, said on Saturday. «We had faced external shocks arising from China-US trade frictions in 2018 while the fallout of the pandemic has triggered a global financial storm and risks of economic depression,» Lu said at the 2020 Tsinghua PBCSF Global Finance Forum while releasing an annual report on China’s financial policy.

Operativamente se requiere tiempo para efectuar estos recortes de producción como es técnicamente debido. Los inventarios han crecido a máximos históricos, atraídos por precios endulzados con importantes descuentos, lo cual explica que las cotizaciones han continuado su tendencia a la baja. Esto despierta fundados temores de que el NOPI no augura un repunte inmediato de los precios. Esta incertidumbre es la regla de oro de este Acuerdo Trilateral, porque no establece como meta un precio justo de interpretación más del campo de la ética que de la economía. El volumen de la demanda del mundo post pandemia será suplido por una oferta correspondiente, al precio del Mercado. Estabilidad en vez de volatilidad.

The behavior of complex systems is one of the most intriguing phenomena investigated by recent science; natural and artificial systems offer a wide opportunity for this kind of analysis. The energy conversion is both a process based on important physical laws and one of the most important economic sectors; the interaction between these two aspects of energy production suggests the possibility to apply some of the approaches of the dynamic systems’ analysis. In particular, a phase plot, which is one of the methods to detect a correlation between quantities in a complex system, provides a good way to establish qualitative analogies between the ecological systems and the economic ones and may shed light on the processes governing the evolution of the system.

Gross domestic product (GDP) is proportional to oil consumption (Figure 4). That’s because oil is the economy. Every aspect of production and use of goods and services requires burning fossil energy. There are approximately 4.5 years of human labor in a barrel of oil (N. J. Hagens, personal communication and The Oil Drum). No other energy source comes close to that level of energy density. Those who believe that the world will function the same on lower energy density sources like wind and solar should review their old physics text books. You cannot fit 4.5 years of work from sunlight or wind into the 5.6 cubic feet space of a barrel of oil. Seventeen investment analysts recently estimated that U.S. GDP would contract an average of 30-35% in 2020 (Figure 5) within a range of 9-50%. The correlation shown in Figure 4 suggests it will decrease by about 20-25% based on estimated decrease in U.S. oil consumption. Any value within this spectrum is catastrophic.

Hay no hay un problema ideológico, no se trata de ser revolucionario, marxista o pro-capitalista, sino que el problema es un chorro de dinero que no hay una manera productiva de utilizarlo internamente que no sea aprovechando su capacidad de compra externa. Ante la idea de limitar la producción petrolera, eso no lo acepta nadie. «Ninguno de los bandos políticos critica los fundamentos de los modelos expansivos monoproductores»