Thursday, 8 December 2011
2485 Year Old Tree Rings and the Euro
The north wind doth blow and we shall have snow and what will poor Robin do then poor thing. The likelihood is he'll claim it's climate change of a man made kind but if he read Bishop Hill's blog yesterday here he might think differently about it. Bishop Hill refers to the Chinese Science Bulletin which has carried out an examination of tree rings for the past 2485 years taken from the Tibetan Plateau which appear to indicate that changes in climate are associated with solar activity which greatly affects the temperature and that cold intervals corresponded to sunspot minimums. How you date the tree rings I'm not quite sure but imagine fossilised trees must be involved. It is to be hoped that the research carried out by the Chinese is now taken into account in deciding our energy policy. best of all by abandoning it altogether. I have my doubts what with the likes of the idiotic Huhne in charge but surely there must be a review of policy in the near future what with windmills exploding in these hard windy times. It is difficult to exaggerate winds of 165mph but not difficult to exaggerate the what will befall us all if the euro collapses certainly not for politicians of the quality of Merkozy and the likes of van Rompuy and Barroso. It is difficult to believe anything they say and so one is left with the distinct impression that they doth protest too much and for their on self aggrandisement. It is increasingly clear that euro collapse will be tough in the short but that within two or three years thereafter we will be growing again. To continue with the euro will be to continue living in an unremittingly bleak world for longer and which can only end in bust anyway. Look at how well and quickly the UK recovered when we came out of the ERM. Look at how well Iceland is doing three years after its devaluation.
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