And now for some good news…
There’s a fascinating report in Energy Tribune (I know how to have fun). It’s extraordinary the gems that Twitter helps us unearth.
Peter C Glover reflects on James Bennett’s work, The Anglosphere Challenge: Why the English Speaking Nations will lead the way in the 21st century, and reports:
“For all its current economic woes, free market capitalism, especially in its Anglosphere form, looks to be a far more culturally stable and durable, wealth-creating, proposition, further buttressing Bennett’s case. But even Bennett did not predict that the rise of the Anglosphere economies could be turbo-charged via an entirely unexpected dynamic: vast new domestic energy wealth – in the shape of shale and deepwater oil and gas, and oil sands – across leading Anglosphere nations.”
HSBC expects British growth to take off, moving us back into surplus by 2020.
And Glover point out that a recent report by Goldman Sachs claimed that two factors – demographics and high investment - are going to combine to propel America, Canada and, wait for it, Britain (!) to the “top three spots in the per capita prosperity hit parade”.
The Goldman Sachs report says Britain will eclipse Germany and France to become Europe’s largest economy.
And now the bad news, or the not quite so good news. All this is projected to happen in… 2050.