Monday, 13 November 2017

The Redwood Conundrum

I hear John Redwood, one of the Establishment Brexiteers and chairman of an investment committee for the Charles Stanley Group (for which he earns £180k a year), has been advising investors to move their money out of the UK and suggests the European Central Bank will pave the way for more fruitful investment than the Bank of England.

That's rather strange advice for a man who has long argued that the UK economy will flourish after leaving the EU.

I've long argued that the main beneficiaries of Brexit will be The City and speculators. Hardly surprising that those MPs with links to capital management firms, hedge funds and private healthcare operators are all for a hard Brexit. A classic case of The Establishment looking after its own interests first.

I'm currently reading Owen Jones' book, The Establishment: And How They Get Away With It, an eye-opener as to how business and vested interests are running UK for their own benefit. It's main premise is that a lot of politicians see Parliament as a stepping stone to lucrative boardroom positions following a couple of terms in the House and one in government, and they use policy, which is invariably propaganda spewed out by the press barons to manipulate public opinion, as a means of achieving this. A very well researched and interesting read about the collusion between politicians and the 4th Estate.

We've rented a house near Schiphol Airport for the duration of this maritime trade show we're exhibiting at in Amsterdam. Don't you just hate it when you have a state-of-the-art TV system with a separate box of some description and two remotes, neither of which seem to do anything meaningful, like just turn the TV on to a local TV station? Against all odds I at least managed to get YouTube up and running last night and had to suffice with that. Time was when you could simply turn a TV on, press a number and you'd get a TV channel corresponding with that number. Now you have to perm one input from half a dozen - most of which are superfluous - and read two or three manuals.

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