When? August 22nd 2016

When? “The art of financiering consists principally in multiplying and confusing accounts, till, at last, no one has courage to undertake an examination of them.” William Cobbett “The Budget” 1805 “I imagine that Ben Bernanke, Mario Draghi and Haruhiko Kuroda all stay awake at night imagining ways to force...

The end of the beginning – July 8th 2016

“We are continually faced by great opportunities brilliantly disguised as insoluble problems”. Lee Iacocca Having been in Spain for the last fortnight I count myself lucky to have been away from the gnashing and wailing; and let’s be clear that I am not talking about the footie, a competition that has...

A case for Brexit; the EU’s seven deadly sins

Whether your main interest is equality, liberty, democracy, economic survival, sovereignty, debt reduction, increased export potential, encouraging entrepreneurs, fiscal independence, social fairness, overpopulation, community mutualism or calling leaders to account, it has become abundantly clear since 2008 that you will have to forfeit every one of these aspirations if...

Postscript – April 12th 2016

Following up from our previous post, both the Fed meeting and the Presidential debrief were “Closed to Press” so we are all none the wiser except to say that central bank activity is “hotting” up and we can expect more of the unexpected, despite “guidance” to the contrary. In...

Hold the front page – April 10th 2016

Latest BBC business news headlines – “Martha Lane Fox joins board of Twitter” –  “Brighton Pier sold for £18m” – Cameron “I could have dealt with the tax question better”. All quite fascinating and totally irrelevant compared with the piece of news that the main stream media (MSM) have...