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Be careful what we wish for …

The global recession is presenting a new dilemma for the first world which will have significant impacts long after growth has returned. We saw in recent years that the price of oil rose sharply as the demand of energy from emerging nations skyrocketed. While we clearly have a short-term incentive at least for China to redirect its economic energies into domestic growth to give our export sectors a boost there will be implications of this that we might not have bargained for. Do we really want an extra 1 billion or more people to be as rich as us? It is a case of being careful what you wish for …

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Thirsty and hot Koala …

Things are going crazy with the climate these days and certain animals are coming up with new coping strategies. I was sent some photos yesterday about a Koala that got hot and thirsty in South Australia during its current record heat wave.

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