The relentless rise of social democracy

Excellent insight into the current political turmoil in the UK.

Fear and Loathing in Great Britain

04_july_2016

A letter a day to number 10. No 1,483

Monday 04 July 2016.

Dear Mr Cameron,

There has been a great deal of media coverage of the alleged rise of right wing extremism, and certainly Nigel Farage was triumphant about nationalism. “We have done it without a bullet being fired,” he trumpeted, a heinous insult to the memory and family of Jo Cox.

Britain is certainly in turmoil, not least from 6 years of imposed austerity and relentless fear mongering and manufactured division from politicians and the media alike and if people are angry, they have good reason to be with the most divisive, right wing, god awful government in our history.

If we look beyond the news and all the lies and spin, however, something very different is going on. The latest news from the Trussell Trust is that they now have a network of 424 foodbanks and in…

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Big Ideas Fall Apart

This is an excellent read.

Barataria - The work of Erik Hare

The dust continues to settle after the Brexit earthquake. US markets stabilized today, but it appears to be a “dead cat bounce” or a technical upturn as short positions are covered. It comes from the saying that even a dead cat will bounce up one story after falling off a ten story building. It certainly feels like that kind of week, especially if you think about whatever dead animals might account for the ridiculous hair of Donald Trump and/or Boris Johnson.

Then again, it hasn’t been a week yet.

For all the comparisons between this vote and the Trump phenom, they still don’t do this situation justice. People all over the world are recoiling from opening up markets and generally moving closer together. The threat to the EU is far from done as “euroskeptics” on the continent will certainly be emboldened – as will globalskeptics around the world. What has gone…

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