Sunday, 30 October 2016

CUTTING THE GORDIAN KNOT - GETTING OUT OF THE EU - 'FOR HEAVEN'S SAKE WOMAN, GO'

Gordian knot - a term used to resolve a complicated problem by bold action.  The Encyclopedia Britannica has: "In 333 bc, Alexander the Great, on his march through Anatolia, reached Gordium, the capital of Phrygia. There he was shown the Chariot of the ancient founder of the city, Gordius, with its yoke lashed to a pole by means of an intricate knot with its end hidden. According to tradition, this knot was to be untied only by the future conqueror of Asia. In the popular account, probably invented as appropriate to an impetuous warrior, Alexander sliced through the knot with his sword, but, in earlier versions, he found the ends either by cutting into the knot or by drawing out the pole. The phrase “cutting the Gordian knot” has thus come to denote a bold solution to a complicated problem."

NO MORE DILLY-DALLYING.  NERO IS SAID TO HAVE FIDDLED WHILE ROME BURNED. BUSINESS NEEDS TO KNOW WHERE IT STANDS. IT CANNOT WAIT FOR BUREAUCRATS AND POLITICIANS TO GRIND OUT A SOLUTION.  'FOR HEAVEN'S SAKE WOMAN, GO'.  

WTO RULES BECKON.

Wednesday, 19 October 2016

THE RESULT OF YEARS OF QUANTITATIVE EASING

After years of quantitative easing everyone is wondering why the pound has fallen heavily in value. It doesn't take much imagination to realise why.  All this time the Bank of England has been lowering the value of the pound in our pockets.  It has been devaluing the pound by stealth.   At the same time the Bank of England has artificially kept interest rates at rock bottom. This is the economics of the madhouse.  We are now beginning to pay the real price of having cheap money.  The Bank of England has artificially interfered with the economy.  The government should take control of the Bank and restore a more traditional level of interest. 

Brexit is not to blame!!!