“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 always been a disappointment for England (but
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 your preference is to stay within
A chart is worth a thousand words – April 30th 2016
Click here to download our free chart book annotated with comments by your scribe. Coverage includes major equity markets, bonds, interest rates, currencies and commodities including that barbarous relic that has been doing quite well of late.
Would you believe this? – April 24th 2016
If you want one good reason to vote for Brexit, then the TTIP is it. It’s bad enough having to put up with lies and misinformation from our current European bedfellows, but to be lectured to by some American shows the extent to which the US thinks it rules the world. His admonition over Brexit and the threat of a 10 year “delay” before any trade negotiations can be entertained disguises the real purpose of his visit other than to pat his pet lap dog at No 10 on the head. If we leave the EU, the TTIP – the Transatlantic Trade and Investment Partnership – is dead in the water. His visit to Europe is expressly to ensure that the EU signs up to this trade “agreement” as the legacy of his Presidency – he hasn’t done much else of note to earn himself a lasting place in the history books has he? TTIP? You may be a bit short on details about this little scam, but that has been the deliberate ploy from the outset so pin your ears back, here’s the lowdown courtesy of the Independent.
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 Germany, Schauble has blamed the ECB’s
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 chosen to miss completely and that
The narrative is changing…central bank omnipotence is on the wane
Central banks have held the aura of omnipotence for some time now. Alan Greenspan was the first to have a “put” named after him, but the current incumbent is not so sure that she wants that title. She does not appear to be “sure” about many things within her remit, unlike her European counterpart who
Brexit – where do you stand?
It will come as no surprise to regular readers that your scribe is firmly in the “Leave” camp. As a twenty something in 1975 I voted for the UK to join what was then the European Economic Community. At that referendum the vote was two to one in favour and the EEC was seen in
The cashless society
This piece has been written by Simon Black at Sovereign Man a site well worth a visit http://bit.ly/1PFI877 It explains why the powers that be have started a campaign to do away with cash and gives an insight into the ever parlous state of the banking system. Things are never quite as they would have
Negativity, relativity and dark matter
At school, I was taught Newtonian physics. Einstein didn’t get a mention despite having posited his theory on relativity some 60 years earlier and when much later I realised my education had been sorely lacking I wondered what else I hadn’t been told! That’s the trouble with “new” theories, the “old school” takes an eon