I have to say that this from Andrew Rawnsley in the Observer this morning is entirely appropriate:
What are stock markets telling us when they respond to Mr Trump and Mrs May by sending share prices to record highs? They are telling us that they think that the British prime minister is a phoney and the incoming American president is a conman. They are wagering that President Trump will betray the poorer voters who helped put him in the White House. They are betting that Theresa May will not deliver for the less affluent Britons whose Brexit votes helped elevate her to Number 10. That's what the cash is saying. The “forgotten men and women” of America will be no better remembered in the Trump cabinet of tycoons. Mrs May's “just about managing” will find out she is all jam tomorrow, never today.
The money temples are almost certainly right in their assessment of Donald Trump. Theresa May has the coming year to try to prove the markets wrong about her.
As I have said before, this tale looks like it will end in tears. In fact, it's guartanteed to do so for someone.
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Well surely that would be good for your kind ie it gets corbyn elected??
What is that meant to mean?
If you take a look at specific stock sectors a somewhat different picture emerges.
My own interest is renewables & in this area equipment suppliers’ shares tanked after Trump was “elected”. This comment applies particularly to those with a US exposure (e.g. Vestas and Chinese PV suppliers). That said, in the medium term, as RES tech’ markets globalise, the impact of elected nut jobs on specific RES market sectors is likely to decline.
If you want to see what is coming down the track in the next 10 years – https://www.youtube.com/watch?v=Kxryv2XrnqM&t=183s
The points made in the presentation (& the underlying facts) have profound implications for a range of industry sectors. However, what passes for the current “political elite” is functionally incapable of understanding what is likely to happen & developing policy in the light of it – comment applies as much to the USA as it does to the UK. Expressed another way: the video/presentation adds facts/analysis to Rawnsley’s assertions.
& the ones I feel sorry for? The Germans.
If the number of cars is reduced by 80% due to self-driving and shared car travel increasing, the government will need to find a new way of taxing vehicles or travel, probably based on the distance travelled, or forego a lot of tax revenue.
Longer term, the same will apply to the tax raised through VAT on car purchase, maintenance, parking charges etc.
Happy New Year everyone.
We spent Christmas and New Year out and about eventually ending up in London (affluent Chiswick as it happens).
Me and mine have had a Great Christmas but I’ve also noticed:
Benches bequeathed by citizens in public areas rotting away from neglect and moss.
Moss covered signage that is no longer legible in parks and play areas.
Tree leaves left on the street to either blow into huge mounds or into your eyes or be trudged in a slippery treacherous sludge.
Roads (including the M1) with huge pot holes in them – lethal to cyclists but also forming huge puddles which are also very dangerous at high speeds.
At the British Museum, again the entrance is covered in moss and looks neglected. In the Pantheon display room, the translucent ceiling is covered in moss too and a huge stain hangs over the artifacts. Super!
HMS Belfast is a great exhibit to go and see but parts of it are just rusting away – so much for honouring our ‘glorious dead’ and those who fought for our freedom.
The litter that is everywhere.
The ‘professional’ homeless: What I mean is that not only have I began seeing more homeless people in the Midlands and London but the type of cases that I am seeing are well equipped, dressed well for the winter outdoors as if they are set up to live like that in perpetuity. As if it was normal?
These things have left me wondering if anyone gives a s**t any more about this country? All these issues (and others) are an opportunity to invest and create jobs and also contribute to making the best of the country both for those who live here and those who visit.
It all just reeks of neglect to me. The least that I can say is that I am left feeling very exasperated and if May and her buffoons want to make a Britain that works for everyone than they could make a start by addressing this woeful list above perhaps?
When did some get their empathy by-passes?
And why?
Why?
Because it is a deliberate policy to:
(1) do the country down
(2) in order to raise levels of dissatisfaction in the public realm
(3) so that ‘change’ (more readily known as privatisation) can be justified
to the electorate and offered as a better future.
This is the only rational way to explain the squalor we have to put up with at the moment.
Happy New Year everyone! Let’s hope and pray it won’t turn out as bad as the runes predict. The answer to your question, Richard, is there was no by-pass, it’s in their DNA. That’s what people have got to understand. To expect different is to be unrealistically optimistic. Of course these people skillfully manipulate public opinion – with the willing collaboration of the MSM – into believing “we’re all in it together”. But it’s just highly developed ‘bait & switch’ tactics. The only solution is to remove them from power before they cause irreparable damage to society. If 2017 has to be remembered for anything it should be the year the electorate woke up!
One is reminded of the parable of the scorpion and the frog. For those who don’t know it or have forgotten … a scorpion and a frog meet on the bank of a stream and the scorpion asks the frog to carry him across on its back. The frog asks, “How do I know you won’t sting me?” The scorpion says, “Because if I do, I will die too.” The frog is satisfied, and they set out, but in midstream, the scorpion stings the frog. The frog feels the onset of paralysis and starts to sink, knowing they both will drown, but has just enough time to gasp “Why?” Replies the scorpion: “Its my nature…”