Nickolai Hubble

The war on physics is not going well. Prepare for blackouts.

Nothing sounds as good as the promises of green energy. But, as the energy policy commentators extraordinaire known as Doomberg like to put it, “In…

Awkward inflation truths you should be very worried about

There is just a quick note from me for today. That’s because I want to focus on something very specific and awkward about inflation. And…

Reader mail on the limits of QE, the property bubble and shrinkflation

It’s time to dip into the reader mailbag. And I must say, I’m disappointed. I used to get the most wonderful hate mail. The words…

What if populism has barely begun?

Brexit and Trump happened under comparatively benign conditions compared to the last two years. So… what’ll the future hold for populism? Will governments raid pension…

Who is Jeremy Hunt? Robin Hood or the Sheriff of Nottingham?

Are you feeling suitably austere yet? Because austerity is back! But will it be with a vengeance? The financial markets didn’t seem to think so.…

Green energy gets the blues as it goes into the red

The Green Energy Transition continues to spiral out of control. And if we weren’t paying for it with the highest electricity bills in the Europe,…

Never forget that inflation is a deliberate policy tool, not a mistake

Not so long ago, central bankers would’ve given their right arm for a bit of inflation. Now they risk losing their jobs for having caused…

Inflation, austerity and recession is a dangerous combination

Another week, another green energy bust. But does anyone see the trend? Nigel Farage does. And that’s not the only déjà vu. George Osbourne and…

They’re finally running out of other people’s money

Wobbling bond markets around the world are signalling that Margaret Thatcher’s famous criticism of socialism may finally have been affirmed. They’re finally running out of…

The world gets sucked into the giant black hole of European energy policy

Seldom do political projects unwind as badly as Europe’s energy policy has. But today, we don’t dig into what’s going wrong inside Europe. Instead, consider how badly Europe’s energy policy is mucking up everyone else’s lives, too.

The social consequences of inflation are creeping in

This inflation thing is getting nasty. Strikes, protests, blame games and snarky comments are springing up. It’s as if all the textbooks and history books…

It’s too late. We’re addicted to ever more debt.

For many decades, people have warned about the impossible trajectory of government debt. And, with bond markets around the world wobbling, not to mention the…

Welcome to the latest crypto wake

Another month, another crypto catastrophe. But after so many bitcoin obituaries over the years, what do the latest ones really mean? And do you remember…

Welcome to the latest crypto wake

Another month, another crypto catastrophe. But after so many bitcoin obituaries over the years, what do the latest ones really mean?

Will people accept the new regime?

How the worm has turned over the past few months. The very pillars of our society are wobbling away. The things we believed and presumed are gone. They’ve been replaced with alternatives that were unthinkable only months ago.

The demographic destiny of your brokerage account

Demographic decline is an unfamiliar problem for investors. Populations haven’t shrunk before. Well, not outside of a pandemic. But, now that the pandemic is over…

Our spy in Sydney on the latest resources to boom and plume

We may be shooting for net zero. But has anyone figured out how we’re getting there? Not according to Shae Russell’s intelligence from the International…

Our spy in Sydney on the latest resources to boom and plume

We may be shooting for net zero. But has anyone figured out how we’re getting there? Not according to Shae Russell’s intelligence from the International Mining and Resources Conference in Sydney.

Is Russia really worse than climate change?

Good news, everyone. Vladimir Putin has single-handedly solved the problem of climate change. How? By invading Ukraine. To understand, let me take you back in…

Looking beyond the cacophony of central bank chaos

Markets are obsessed with central bank policy decisions. And this week featured an absolute overdose of those. That led to all sorts of market instability.…